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- The Market Will Establish an Early Trading Range Today - Option Traders - Go Golfing!
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Yesterday, the market was able to stop the bleeding. After five down days, it posted a small gain. There is not much volume during this holiday shortened week and traders will be searching for direction. This morning, durable goods fell by .5% in April and that was less than expected. If you strip out transportation, durable goods actually rose by 2.5%. That news gave the market a boost on the open. Oil prices were down early and that helped as well. As the morning unfolded, oil started to climb. That put pressure on the market and it is testing the downside …
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Fuente Original
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28 May, 2008| Technical Analisis |
@ 12:53