Day trading
It looks like we have hit a ceiling in the S&P 500, 801 held. Large resistance there to 806.
Watch out for a quick rally then a drop. Don’t know who would like to hold this into the weekend. Japan’s market is closed friday for a national holiday. This will slow down a sell off in Asia but expecting some hesistancy. Europe is looking bad too with a hedge fund closing today at the end of the NY market. Lending to non-euro countries increased past their “emergency” reserves and funding for Euro based countries is in question for the rest of the year.
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