Stock Market Analysis – 12-05-2008

December 8, 2008 at 12:07 am · Filed Under Broader Market 

SPY Weekly Chart

Friday ended strongly to put us close to where we started the beginning of the week.  Two things to note are the distance we’re still down from the initial drop, and the big volume compared to 2006.  Keep looking to see how solid the decade long support at $75 is on the SPY.

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