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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Friday, March 5, 2010

$SPX


This is why you are hearing so much about 1150 on the S&P. Here's a thought: the market has expended alot of energy to get back to this level, can you say "Double Top"

A good trade setup would be to use 1150 to get short with a stop just above at 1154.

For the Web's best interactive charts, please visit http://www.Prophet.Net
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