952 Holding As Strong Support Level In Markets

July 21st, 2009

Seems like we are running out of steam short term here. The quick jump up we saw earlier this morning was quickly muted around the 952 level on the S&P (in BLUE below). From here we should now really start moving back down to the 930 area and then 910 after that. Members and I entered a couple long trades this morning in areas that haven’t seen such a huge run up in prices. Both are doing great already and poised for very significant gains over the next couple of weeks.

 

spx20

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