Off the Charts
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The market gapped down again this morning after Monday's feeble bounce attempt. The S&P 500 broke below the 1357 level ($135.76 in the SPDR S&P 500 (SPY)) pivot this morning and pushed down to 1347. The market staged an impressive reversal and turned into a cash flow long in the afternoon when it traded back above 1357. The S&P, the Dow and the Nasdaq all closed the day in the red, but the damage could have been much worse....709 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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