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S&P 500 is Ready to Rocket Higher (SPY, SSO, UPRO)

Submitted by SC on Mon, 06/04/2012 - 18:23

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Having cooled off from an overbought rally early in 2012, the S&P 500 looks attractive at the current level. A big rebound up to the target zone is sure to surprise.

The S&P 500 is testing the November support zone, and therefore, is likely to find strength to push higher in the near term. The June targets are outlined, and June is shaping up to be an

Stocks just went on Sale (UPRO, SSO)

Submitted by SC on Fri, 05/18/2012 - 03:13

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This is a great opportunity. The S&P 500 is cheap at this level, and the sale is not going to last long. It's time to do some serious shopping!

Take advantage and look for some stock bargains, or just keep it simple and position in the S&P 500 index itself. There is a ton of support at this 1305 level for the S&P, a

Bulls Set to Charge the S&P 500 (SSO, UPRO)

Submitted by SC on Sat, 05/12/2012 - 15:59

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The bulls and bears battled it out last week. Yet, even with the JPM fiasco, the bears could not break support. The bulls have huge advantages for the coming week.

Support at S&P 1340 looks incredibly strong after holding rock solid all week. The market has shown resilience and for the first time in a while the bulls have a ton going for t

S&P 500 Rally set to Grind Higher

Submitted by SC on Wed, 01/25/2012 - 14:01

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The S&P 500 has managed to shrug off negatives this week, and still is poised to press a little higher in coming days.

There was a small pullback yesterday, but it appears that the pullback has completed with more upside coming next.

S&P 500 Target Reached

Submitted by SC on Fri, 01/20/2012 - 17:53

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We mentioned that the market was likely to grind higher and it did. It has been a good run for the bulls. The 1311 S&P target was reached yesterday. What is coming next?&nb

Now that the target has been reached it is a great time to review. While minor upside to near 1325 remains possible, the market is pricey up here. This is a natural level to see in

S&P 500 Grinding Higher

Submitted by SC on Sun, 01/15/2012 - 23:44

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While the European downgrades took the wind out of last week's rally, the S&P 500 is technically setting to push higher. The index target remains as shown on the following ch

The index cooled off on Friday amid European downgrades. However, the uptrend from December remains intact. The index is building strength to press higher. The targ

Watch for Major Top S&P 500 - Target 1308 to 1311 Maximum

Submitted by SC on Sat, 01/07/2012 - 16:54

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Watch for Major Top S&P 500

Watch for a major top in the S&P 500 index around this Tuesday, January 10th at 1308 to 1311 maximum. There is heavy resistance at this level going back several years to year 2007.&n