Wednesday, May 5, 2010

Opening Bell Update

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OIL in Futures Trading is below $80, ITZ target $78, EIA numbers will be out @ 10:30 am. Watch carefully, set stop on ProShares UltraShort Crude Oil (SCO) @ $12.00

S&P500 Target 1135 near term, may see buyer step in. SSO:SDS Chart  signaled a reversal see chart

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