Once again, bulls pull it off and avoid a real correction on the TXN news. There is money at every dip waiting to get in and this mania could go on for a while. SPX looks headed for its next level of resistance at 1383.
The real winner today is gold, which did a remarkable bounce off key 576 support. Watch 583 and 585 going forward. Resistance is 590, 596 and 601.
The real winner today is gold, which did a remarkable bounce off key 576 support. Watch 583 and 585 going forward. Resistance is 590, 596 and 601.
This entry was posted
on Tuesday, October 24, 2006 at 12:57 PM.
