Wednesday, September 22, 2010

Support levels

A down day so far but no damage done to the charts so far. As long as the important support levels for the bulls hold, I will continue to remain bullish. These levels are 1130 on S&P and 2325 on the Nasdaq and the bulls have done a good job of defending these levels so far. And of course, a positive close today would be really bullish and would just reinforce the importance of these levels.

Take care and good luck!

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