Stock indices hovering near support
The market averages dipped slightly but are continuing to hold near support at Tuesday's post-Fed lows at 12097 Dow (session low 12099), 1296 S&P 500 (session low 1295.34) and 2206 Nasdaq Comp (session low 2208). The 62% retrace of this wk's rebound comes into play at 12025, 1289 and 2203. Will be watching this area this morning for an indication of the level of underlying buy side interest.
Stock indices hovering near support
Thursday, March 20, 2008
Posted by DayTrader RockStar at 9:55 AM
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