Hold onto your longs.
Never believe the resistance level advised by the media analysts and paid services. Even worse, if you short today. Discount gap already narrowed down to 23. At least I know, two paid services have given short sell calls from morning. They will support the market through out the afternoon. Then they will give buy calls finally. That is the time to take your Half profits.
Markets have just crossed 50% re-tracement of the 13055 to 12504 fall.
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