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4-Traders Homepage  >  Indexes  >  World  >  S&P 500    

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S&P 500
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0.01%
2559.505 PTS
Real-time Quote. Real-time  - 10/17 10:10:00 pm
2559.36 PTS   +0.07%
06:14aDJEUROPEAN MORNIN : Stocks Likely to Struggle Again
10/17DJIBM Has Another Revenue Drop During Its Transition -- 2nd Update
10/17DJIBM Has Another Revenue Drop During Its Transition
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At the equilibrium price after the Empire State

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02/15/2013 | 02:59pm
Opinion : Check out the trading range breakout PTS 1514/ PTS 1523

Despite the decline of the European markets yesterday, following a stronger contraction of the activity in the Eurozone, the S&P 500 finished in a slight rise by 0.07% at 1521 points.
It should open near the equilibrium price today, following the European stocks markets.

About economy, the Empire State Manufacturing Index is at 10 whereas the consensus estimated -2.1. The TIC Long-Term Purchaces will be unveiled at 3 pm, the Industrial Production is expected to increase by 0.2% at 3.15 pm and the University of Michigan Confidence at 3.55 pm, estimated at 74.8 against 71.3 last month.

Graphically, there is no change, the S&P 500 follows its oscilliations within the bullish channel in blue on the chart and keeps an upward trend in hourly data above the 1514 points and the 20-hour moving average. We will continue to look after the direction of exit of the 1514/1523 points to take a position in one way or the other.

S&P-500 : At the equilibrium price after the Empire State

Laurent Polsinelli
© Zonebourse.com 2013
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