Now that we have broken through the 1080-1085 support zone, the next area of decent support is at 1062-1068. That is area around the September top. Today is the first day of the month, a historically bullish time for equities. Both seasonality and oversold conditions are working for the bulls. I will be leaning long all day.
Monday, February 1, 2010
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1 comment:
nice trading last week.
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