Important Support For Risk-On Rally

From Short Takes
December 28, 2012 - 6:37am

The S&P 500 held at 1401 intraday Thursday. The range between 1393 and 1401 remains important. Above 1393, we will exercise some patience. Below 1393, a more defensive and bearish bias would be warranted. To see a LARGER version of the CHART above click here. Our level of concern is reflected in the [...]

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