S&P 500 Morning Analysis 9/29/09
- alphatrends
- September 29th, 2009
The SPY experienced a sharp rally from prior resistance and the location of the rising 20 day MA. Short term potential for resistance is found near 106.75 and then up near the highs at 108. Support is likely to be found near 105.65 and then105.30.
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Brian Shannon is a full time trader (with 17 years of experience), educator and author of the highly regarded book Technical Analysis Using Multiple... More »
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