~ ITZ STOCK CHARTZ ~
Stock Observations Using Technical, Fundamental & Sentiment Analysis
Friday, July 6, 2012
S&P500 Selling Off On June Jobs Report
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ITZ noted last week that the S&P500 was set to possibly sell on upcoming economic news.
Below is an 8 hour chart, giving a near term outlook, downside objectives. ITZ has hedged the move lower via Proshares Ultra Pro Short S&P500 ETF (SPXU).
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