QUESTION OF THE DAY- What does a weaker 4th quarter GDP report mean for the overall health of the economy?
The support level for the DOW is 12,617.47. Its overhead resistance is 12,750.
The support level for the SPX is 1309.13. Its resistance level is 1325.
GOLD is trading above its support level of 1669.57 as we await the open for other markets. Its overhead resistance is 1750.
The US dollar must support 79.08. If not, its next support levels are 78.60 and 76.49.
Protect ALL positions by the close of trade today.
Peace, Josie Kelly
Friday, January 27, 2012
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