Opinions from a stock market trader.
Disclaimer: The contents in this blog are purely for entertainment and educational purposes only. They are not investment advice. Use them at your own risk.
Sunday, February 28, 2010
Waiting For Clarity
The market has been chopping around within the range bounded by its recent support and resistance level. The SP500 is confined in the 1085-1115 trading range. Until the market breaks out of this trading range and provides some clarity on its direction, I will exercise patience and limit my trading activities. Since there have not been much changes for the market indices, I will just post an updated SP500 chart. Support and resistance levels for all the indices remain unchanged.
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