Yesterday the S&P broke the head & shoulders support around 1260, indicating more selling ahead.
The next level of support is around 1175 and if that one doesn't hold we could go as low as 1060
Thursday, August 4, 2011
S&P Broke Support
Yesterday the S&P broke the head & shoulders support around 1260, indicating more selling ahead.
The next level of support is around 1175 and if that one doesn't hold we could go as low as 1060
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