Markets Survey: Key Test Ahead After Six Down Weeks for SP500

By: Richard Shaw | Mon, Jun 13, 2011
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Tomorrow (Monday the 13th) and entire coming week could bring an important threshold event for the S&P 500. The March low of about 1250 is a key technical support level for the index. If that support holds, with a rally away from the point, spirits will rise, but if that level is pierced, a round a technically driven selling is likely.

Markets Survey: Key Test Ahead After Six Down Weeks for SP500

 


 

Richard Shaw

Author: Richard Shaw

Richard Shaw
QVM Group LLC

Richard Shaw

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