The Quarterly chart shows the importance of the 1175-1180 level is. Isn't it interesting how this level lines up with the 50% line from the 07' highs and lows of 03'?
Bottom line is a push above 1190 will be the launching point to a move to 1200 then 1225 then 1250. And a failure will be the begining of a rollover of at least 100 points to 950-1000.
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