Tuesday, May 12, 2009

Indices' Short Term Supports

Here is short term supports for major indices to watch. Please be advised that you should not risk your money and jump in at these levels. These are the levels to be concerns, if they failed to hold you should take some profits and go to the sideline.
Remember in bear markets "CASH IS THE KING".

S&P500 890 THEN ~879

DOW 8190 THEN ~8000

NASDAQ 1695 THEN ~1660

XLF ~11.20 THEN 10.40