Day Trading – The Bullz And Bearz
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Bankruptcy May Be Best Option For GM – Futures Lower
April 1st, 2009
Obviously the late day sell off we say yesterday was a warning for this morning’s GM – Government Motors – bankruptcy news. As usual, technical analysis proves again to show the early warning signs. Let’s see how we end the day of course but the 770 level on the S&P is very important first level of support for the bullz. Below is the S&P support and resistance levels for you all. Oil also seems to be down about 3% this morning. As I kept saying, Oil is clearly leading the markets lower so we have to watch it very closely in the coming days. Happy Trading!
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Today's Live Market Quotes & Charts
05-18 16:52
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Today's Live Market Quotes & Charts
| NASDAQ | 2778.79 | ||||
| S&P 500 | 1295.22 | ||||
| ^TNX | 1.70 | ||||
| ^XAU | 147.76 | ||||
| ^XOI | 1102.97 | ||||
| SKF | 50.34 | ||||
| DIG | 37.49 | ||||
| XLE | 63.94 | ||||
| BGU | 66.43 | ||||
| UDN | 26.68 | ||||
| URE | 56.72 | ||||
| GLD | 154.55 | ||||
| FAZ | 28.67 | ||||
| EEM | 37.29 | ||||
| EEV | 33.69 |
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