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Title: StockTock.com 7/9/08 ~ Stock Market Technical Analysis View count: 675 Rating: 5.0 (4 ratings) Description: We discuss the huge selloff today and what it means for our Market Outlook. We still favor a bounce, but today's action gives us pause and makes us much more cautious here. We look at an important long-term support line for the XLF. We talk about exit strategies and important support levels for the SPX. This market is now more focused on financials than the price of oil. Tags: analysis, business, charts, economics, etf, market, nasdaq, oil, qqqq, resistance, s&p, spy, stock, stocks, stocktock, support, technical, Author: stocktock |
