Hot Option Plays: Market Backs Off Resistance
Posted on December 01, 2011 at 14:38 PM EST
Cusick’s Corner This is a big move, really exciting but the stage we are at is a critical one. With the S&Ps (the index that I follow the most) backing off a critical resistance level, 1150, there needs to be conviction of price and volume if there are going to be more non-institutional participants. So [...]

Cusick’s Corner
This is a big move, really exciting but the stage we are at is a critical one. With the S&Ps (the index that I follow the most) backing off a critical resistance level, 1150, there needs to be conviction of price and volume if there are going to be more non-institutional participants. So with this pullback into the Midday, the dip bid appears to continue to support, but not with conviction. It is healthy to have a chop right here but the market is chewing on the latest … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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