Indice S&P 500
Long

Buy SPX on rumor of debt ceiling resolution.

121
Levels I am looking to buy 10/15/2013

the 0.125 is at yesterdays NY close, if this level is still holding by NY open, price could keep on rallying. Next levels I am looking at are the support zones.

I believe this market could keep on heading higher on the belief the US debt ceiling will be resolved.

If the market keeps on rallying on rumors of a debt ceiling resolution, we could see the market spike into a new high on the announcment of a resolution into thursday friday, making a new all time high, then see another pulllback to enter the trend to go long.

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