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Wednesday, 01/04/2012 1:21:17 PM

Wednesday, January 04, 2012 1:21:17 PM

Post# of 784
Stock Market Action: Natural Gas On Radar


After some early selling, the markets have floated back to the positive side. This is not surprising as light volume plays a key role in an up market. In addition, the S&P 500 broke out of a triangular range yesterday. This means further upside in the next week is likely. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $127.58, +0.09 (+0.07%). The action today is known as consolidation. This is also a bullish signal for the next week with an upside SPY target of $129.50. ...Continue reading here: http://bit.ly/z1ORUc
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