Tuesday, February 14, 2012

One More Surge

SPY is up against the July highs. The Greek austerity package gave it a boost yesterday and it will probably need one more kick to get it over the hump. Getting past $135.70 would be very good for the market. The next stop will be $137.18 which it reached back in May. The resistance their will be much stronger but breaking it would be huge. First things first, $135.70.

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