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US100 – Rallies Hard Off Support at 6300

 

 
In the last few weeks we have seen the US100 index decline from multi-year highs as it has recently approached two month lows around support at 6300. In the last 24 hours it has rallied strongly and bounced back off support around 6300. After its drop of more than 700 points in early February, the index has rallied higher and regain the losses and some as it moved through to the new highs approaching 7200.
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