5.27.2009

SUPPORT LEVELS


Markets getting trashed on the heels of rising interest rates as the 10 year Note has moved up to 3.695% and about 20 bps on the day-


Some areas to look at it for support on the SPX:


The EMA 20 sitting at 891;


Yesterdays lows and recent lows at 880;


The SMA 50 now up to 857;


Weekly Pivot point at around 850;

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