IIFT Daily Note with Peter Brown

Archive for November 16th, 2012


New lows for the S&P.

Posted by:  |  Time: 7:59 am  |  Topic:
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With the fiscal cliff ahead it is hard to see the S&P making many gains. We keep making new lows and yesterday we reached the 1345 support area. Resistance is now at 1358. This pattern is likely to last up until December and the FC deadline. We will have bounces Continue Reading →