Sunday, January 31, 2010

Wk05: Market Forecast

In the week ahead look for these news announcements to act as potential market movers


The markets broke some pivotal support levels so the next target we are looking for is roughly $1030 on the S&P500. This will more than likely happen as a series of legs lower rather than all at once, just as we saw last week. We will wait for a small bounce or sideways action to get short.
 

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