Tuesday, January 24, 2012

Pre-Open 1-24-12 SPX,DOW,GOLD&$USD

The dollar is the key.  It must support 79.52 OR re-test the 76.25 range.

The DOW's support level is 12,531. The overhead resistance level remains 12,750.

The SPX's support level is 1299.74. The overhead resistance level is 1325.

GOLD is trading below its support level of 1669.48. Its key support below this area is 1648.55.

The markets are in a critical zone. Make sure ALL positions are closed OR protected by the close of trade today.

Peace, Josie Kelly

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