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Big movement expected on Merck & Co. Inc. after a breach of 90.00

Merck & Co. Inc. has broken through a line of 90.00 and suggests a possible movement to 90.55 within the next 17 hours. 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 10 days.

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We expect SI to trend downwards today with a 75% chance.

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We expect ZR to trend downwards today.

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