Day Trading – The Bullz And Bearz
Profitable Trading In Any Market – Stocks Options FOREX
Bullish Candlestick Support Levels
May 11th, 2010
Yesterday morning we saw a very big and important bullish candlestick pattern. Mostly it was the excitement over the European Union’s nearly $1 trillion rescue program to support debt-burdened countries – but that has since faded after just 1 day of trading. Futures are lower this morning on the sobering news, but this won’t last long. The markets need to see an out-right failure before the continue to crash. My bets are placed on the mid-point of the white candle as the first major area of support. From there the market’s should rally today – maybe not to a positive close, but at least bounce off it.
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Today's Live Market Quotes & Charts
05-21 17:30
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Today's Live Market Quotes & Charts
| NASDAQ | 2847.21 | ||||
| S&P 500 | 1315.99 | ||||
| ^TNX | 1.74 | ||||
| ^XAU | 152.38 | ||||
| ^XOI | 1123.84 | ||||
| BGU | 70.03 | ||||
| URE | 59.11 | ||||
| DIG | 39.26 | ||||
| FXP | 29.82 | ||||
| SKF | 49.14 | ||||
| ERY | 12.41 | ||||
| XLF | 13.90 | ||||
| DOG | 37.20 | ||||
| UUP | 22.39 | ||||
| TLT | 123.94 |
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