S&P 500 Breaks Two Resistance Levels – 905 Here We Come

July 13th, 2009

Seems like the news this morning on earnings outlook for the big banks this week is clearly pushing things higher. Of course outlook may not always be the actual results – but I guess we will have to wait and see what happens.

 

For now, the S&P has easily broke both the 880 and 890 levels. Next stop 905 right above us. In other news, members and I closed out a short at a profit to take money off the table.

 

spx14

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