Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

S&P bounced off solid support - focus on 1121

|Includes: SPDR S&P 500 Trust ETF (SPY)
it is very interesting to see yesterday's low in S&P has bounced off the long term Support line - I'd expect more risk taking and a test of the major 1121 level (50% fib 2007 top to 666 bottom).