Thursday, October 18, 2007

Friday, 10-19-07



The SnP did trade in a slow sideways pattern allowing the stochastic to achieve the upper 90s. Resistance Friday will be the 120 ma at 1549 to the collapsed upper band on the 60 chart at 1551. Friday should be a up bias day then lower into the 1520s next week for a buy set up.

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