Albie's Take:
The S&P500 is now on its way down to Support after having hung around at Resistance for about a week. Even with all the good news regarding Greece's bailout deal with the Euro, we find there still to not be enough news to create a catalyst to alter the S&P500 decent.
2-25-12: I find myself mistaken slightly. It seems that there was enough catalyst to keep the S&P500 in limbo between Resistance and Support for most of the week. My prediction: As soon as there is a lack of fundamental reasons to keep the market up, the S&P500 will drop to Daily Support.
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