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S&P 500 Index ($SPX) & S&P 500 SPDRs (SPY) - Swift and Brutal
Friday, February 5, 2010 - 12:54am | 416Read More...I said it many times. When the S&P 500 Index (NYSE:$SPX) reverses the action would be SWIFT and BRUTAL. Likewise the ETF- the S&P 500 SPDRs (NYSE: SPY) mimicked the action. The $SPX lost 34.17 points to close at 1063.11 and the SPY lost 3.39 to close at 106.44 as no mercy was shown to the...
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Where goes the S&P 500 Index (NYSE:$SPX) so goes the S&P 500 SPDRs (NYSE:SPY)
Thursday, February 4, 2010 - 8:21am | 179Read More...On the 2nd of February the S&P 500 Index (NYSE:$SPX) failed to remain above 1103.36 , a Fibonacci sub level from the rise 666.79 - 1150.45 . Today, February 3, 2010 it had, by my rules, to test the level 1095.31 which it did with the Low of 1093.97. The Close @ 1097.28 left the Index below a...
