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SMF Blogs > SMF Market Summary > October 2008 > TECHX Market View: S&P 500 edging up toward morning rebound high

TECHX Market View: S&P 500 edging up toward morning rebound high

Noted intraday resistance for the S&P at 878 and 881 in the 10:02 update and we saw the index stall at 877.49. A modest pullback that remained 5 points above the opening low followed with the index working back toward the rebound high again in recent trade. The next short term level of interest if able to stage a sustained break is at 888 followed by 894/985.

Posted: 10/24/2008 12:26:19 PM by StockMarketFunding | with 0 comments


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