Ray Sanchez
@learntrading
Learn how to trade and stay up to date with the current market conditions
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The $SPX (S&P 500 Large Cap Index) has met resistance @ the 50 period EMA around the 800 level. We could see a price retracement here.
With AIG holding these levels, it could be a good buy for the near future.
AIG is showing great relative strength for the huge move it has recently made...
AIG opened @ $1.99 but is retracing back to yesterdays close. Visit the site to see what we think, and some technical analysis.
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