Just tested the march lows
Only a surprise rate cut today could avoid a further decline to 1325
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&b=3&g=0&i=p92958664969&r=4465.png
SPX at Key Support
Started by
Swiss Trader
, Jan 16 2008 11:16 AM
3 replies to this topic
#2
TMN
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Posted 16 January 2008 - 11:27 AM
Just tested the march lows
Only a surprise rate cut today could avoid a further decline to 1325
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&b=3&g=0&i=p92958664969&r=4465.png
so it must be 1380 (cash) and then down... we will see shortly
#3
Swiss Trader
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Posted 16 January 2008 - 11:50 AM
$RUT is very strong today
#4
TMN
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Posted 16 January 2008 - 12:00 PM
...and the financials...
