Look Out Below

Wow, here we are back at 1080 — lets see if it holds . . .

My prior best guess at how this played out was a break of 1080, a rally back to the prior range, and then a drop toward 1038 or so.

I was surprised how far that oversold snap back went over 2 days, but we are right back to highly watched key levels again.


Watch 1085 on SPX (January 28th, 2010)

Broken Support; Next Stop 1038 (January 29th, 2010)

Key Break Playbook (February 1st, 2010)

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