Day Trading – The Bullz And Bearz
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Merck Breakout – S&P Hitting Resistance Again
July 1st, 2009
Once again the morning thrust set then S&P right into my resistance target around 927. From here we have traded sideways through lunchtime. I’m sure the end of the day will bring some new excitement.
Take a look at MRK below. The heavy volume isn’t there, but the breakout from the trendline is very clean. Possible LONG…I’ll let you decide.
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Today's Live Market Quotes & Charts
| DJIA | 10320.10 | ||||
| NASDAQ | 2200.01 | ||||
| S&P 500 | 1090.10 | ||||
| ^TNX | 2.63 | ||||
| ^XAU | 186.41 | ||||
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| EEV | 44.22 | ||||
| EEM | 41.54 | ||||
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| XLF | 14.22 | ||||
| ERY | 50.18 |
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