Thursday, April 23, 2009

23/04/2009 intraday

16.02 Amsterdam
Existing home sales was a big disappointment while the rest of the day was directionless again.
Now S&P is down a percent after the home sales figure, trading around 833.

825-830 should survive this sell off, if not the market will head to 800s again. I expect 825-830 will hold. The bulls had been strong all day.

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