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Big movement expected on Merck & Co. Inc. after a breach of 80.82

Merck & Co. Inc. has broken through a line of 80.82 and suggests a possible movement to 82.68 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 19 days.

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We expect a $758.4 movement on KC within the next 48 hours.

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A final push expected on E-mini S&P 500 DECEMBER 2020 as it starts approaching a price line of 3623.5000.

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