Friday, June 24, 2011

6/24 1:30

ND futures are testing hourly M/A and will only break support below 2194 (currently 2218). 
SPX and Nasdaq Comp tested their 200-day M/As twice in the past week.  SPX M/A is currently 1263.50 and I would expect it to hold if tested again.  Comp is 2652.

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