Thursday, June 14, 2012

Key price barrier

The S&P 500 index has risen to the 1325 level several times in the past four weeks but has been unable to decisively rise above it. (It only closed above 1325 once on May 29.) If the S&P manages to finish above that level two days in a row, it might signal the end of the correction and the start of the next rally.

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