By John Pisanchik

The market has had a 2 day rally from the lows of Monday’s drop, and is retesting the 1000 level of the S&P Cash Index. This is a level of resistance that is further reinforced with the 9 day moving average coming in at 1000.05. This may be sufficient to stop the rally. Tomorrow will validate that or not, since the market is just under that level now, at 996.46.



Filed under: Market Opinions

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