A Struggle at Resistance
At least now we know why the bulls shouldn't have been too complacent on that move up.
It is now clear that, for the S&P 500, the overhead resistance I have been discussing of late -- at 1300 -- continues to be an issue on the index's first time up. But, while it is struggling, the Dow is having even more trouble getting through the 12,500 area, which I have noted for the past two weeks....422 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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