Monthly Archives: July 2012

S&P Update

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As mentioned this weekend that the rally which started on Friday was based on genuine buying besides covering for shorts. Today the market rallied further up. There was a broad-based buying again in all industries except few such as Gold&Silver,…

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S&P Update

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In my market update last week I had mentioned that S&P may find support at 1325. It did. 1325 was Angle support and market had high probability of holding 1325. On Thursday while market was going down we had Puts…

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S&P Update

By | Market Analysis | One Comment

S&P hit 1325 as mentioned in earlier post and bounced upward. Here is the earlier post http://financialmarketswizard.com/archives/1664 I would not be surprised if market starts moving upward starting Friday which is a market reversal day.    

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