Wednesday, September 28, 2011

S&P 500

After the markets imploded in late July, early August the S&P 500 has been locked in a wide range between 1120 and 1220.  With the S&P currently trading around 1170, it's pretty much in the middle with no edge here.  Buying near 1120 and selling near 1220 is the strategy until there's a breakout one way or the other.

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