Friday, June 20, 2008

S&P 500 Breaks Through Support Also

The S&P 500 Index has also broken through key support at 1330. It is doesn't rebound by the end of the day, or if it goes substantially lower, prices will likely go much lower still in the near future. We may test the lows of last Spring.

The NASDAQ too is plunging, but without support levels, it goes down even faster!