Thursday, May 6, 2010

Markets at sensitive areas of Support here

The SPY and the DIA have pulled back to sensitive areas of support. These levels also coincide with the 38.2% Fibo retracement which come in at the 107.15 level on the DIA and 115.42 on the SPY. These levels should hold and might offer some buying opportunities. Although if these levels give out the bulls can experience further pain.



SPY


DIA

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