Saturday, May 30, 2009

End of Day Review 05/29/09




Interesting finish to the end of May. Financials and Technology were providing strength to the market in the last hour of trading. The 0930 ET Open and Yesterday's high were trying to provide resistance in the last hour, but at 1545 ET, this resistance became support. In addition, the S&P 500 Index remained above the yearly open all day and finished above that level for the month for the first time since 2007.
Charles

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