Day Trading – The Bullz And Bearz
Profitable Trading In Any Market – Stocks Options FOREX
GDP Falls 6.1% – Markets Shrugging It Off For Now
April 29th, 2009
Okay, I told everyone that 875 would be the first big test for the bullz and here we are up hitting that level right on the dot. Check out the chart of the S&P below and you can see that we really need to break past the upper resistance zone. Our shorts are trading up – obviously – but not any big gaps or alarming moves. If anything, you should not be going long at these levels as there is way too much risk and very little reward. I’ll follow up after the FOMC meeting announcement.
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02-07 17:16
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Today's Live Market Quotes & Charts
| NASDAQ | 2904.08 | ||||
| S&P 500 | 1347.05 | ||||
| ^TNX | 1.97 | ||||
| ^XAU | 199.29 | ||||
| ^XOI | 1318.98 | ||||
| URE | 59.98 | ||||
| FXP | 22.92 | ||||
| DOG | 36.68 | ||||
| XLE | 74.02 | ||||
| FAS | 89.50 | ||||
| GDX | 55.88 | ||||
| EDZ | 12.62 | ||||
| XLB | 37.63 | ||||
| IWB | 74.83 | ||||
| EEM | 43.60 |
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