Stock Market Analysis – 02-12-2009

February 12, 2009 at 11:15 pm · Filed Under Broader Market 

SPY Daily Chart

A last hour rally turned a weak day into a pretty strong looking one.  Support has held true so far, so I am optimistic that the week will close out well.  That means we could be experiencing consolidation for a bit longer.  That is, until Geithner opens his mouth again…

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