July 1, 2010

S&P 500 Trading near broken support area

  • S&P 500 has taken support at 1010 area and is now moving up
  • It is trading near yesterdays break down area around 1030.
  • Previous supports will act as resistance so yesterdays break down area should also act as one.
  • If successfully closes above 1030 it should give some relief for the bulls

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