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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.89+0.3%Oct 31 4:00 PM EDT

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To: Fintas who wrote (49952)5/9/2013 4:32:37 PM
From: GROUND ZERO™  Read Replies (1) of 218272
 
1623.10 is a highly significant price point... while the market was trading below it, that price attracted the market... but, as soon as the market touched that price, it then repels the market... the fact that the market had been able to rally above that price by 9 points is within acceptable boundaries, but within 24 hours of first trading at that price, the market sold off and is holding the rally in check, at least for now... let's see what happens tomorrow...

GZ
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