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Markets On The Move, Know This Level

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October 10, 2013 – Comments (1) | RELATED TICKERS: SPY

Today, the major stock indexes are trading sharply higher on the back of a deal in Washington DC by the politicians. Either way, the charts told us yesterday that a stock market bounce was in the cards today. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) will have some near term intra-day resistance around the $168.38 level. 

NIcholas Santiago
InTheMoneyStocks.com

1 Comments – Post Your Own

#1) On October 10, 2013 at 12:52 PM, awallejr (81.13) wrote:

Well if yesterday's charts told you a stock market bounce was in the cards today why didn't you tell us yesterday?  Seems the rise is news in Washington and little to do with TA.

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