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Saturday, June 16, 2012

Market Update

Posted by Murad Medical Associates at 2:09 PM 4 comments
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Welcome to Stock One Radar
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Daily Market Update

09/07/2011 S&P 500 Range Estimate
1160-1190 Down Trend
The Market recently broke below major support level of 1188 which is an ominous sign for the long term outlook. Current support level stands at 1004. The market will continue to consolidate and break to the down side. Short term goal will see a move higher before further drop. Short term goal stands at 1190 for now. We will keep you posted.

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