Added: Aug 27, 2008
From: stocktock
Duration: 9:58
StockTock.com discusses some significant technical events that occurred today as this market continues to trend higher after last Tuesday's short-term bottom. The 1291 level is key resistance for the S&P. We think Nat Gas (UNG) is a buy at this level and we question the sustainability of the rally in financials. We also look at USO, GS, LEH, FNM, and IWM.
Channel: Education
Tags: analysis business charts economics etf market nasdaq oil qqqq resistance s&p spy stock stocktock support technical
Rating: 5.00 (9 ratings) Views: 501' favoriteCount='1 Comments: 1
xenix2012 Says:
Aug 27, 2008 - The IWM rally makes absolutely no sense to me. The whole market really has taken leave of its senses.