Day Trading – The Bullz And Bearz
Profitable Trading In Any Market – Stocks Options FOREX
SPX Trying To Breakout On Daily Chart
January 5th, 2010
The SPX is trying very hard to form a clean breakout on the daily chart. However, even with yesterday’s big leap higher we only got back to basically square one. Now, given that a full-blown recovery is priced in, any bad news out there whatsoever should send the indexes on a major decline – at least short term. Trading volumes are still likely to be light this week and Members and I are still holding our portfolio of great shorts at this stage and I am patiently waiting for signs that this rally has run out of steam. For now, here are today’s updated support and resistance levels.
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Today's Live Market Quotes & Charts
02-03 17:30
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Today's Live Market Quotes & Charts
| NASDAQ | 2905.66 | ||||
| S&P 500 | 1344.90 | ||||
| ^TNX | 1.95 | ||||
| ^XAU | 200.34 | ||||
| ^XOI | 1295.01 | ||||
| DOG | 36.72 | ||||
| BGZ | 23.50 | ||||
| URE | 60.68 | ||||
| UUP | 22.03 | ||||
| GLD | 167.64 | ||||
| TLT | 116.57 | ||||
| USO | 37.59 | ||||
| RWM | 26.27 | ||||
| CMD | 52.74 | ||||
| SDS | 16.76 |
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