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Market Conditions for 03-01-2013

Market Conditions for 03-01-2013. www.SmartTraderTips.com. If SPX breaks $ 1525.35, $ 1530.94 will be tested again and then maybe even $ 1548.49. Lower resistance is at $ 1502.56 for now.

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Market Conditions for 03-01-2013

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  1. Market Conditions for 03-01-2013 www.SmartTraderTips.com

  2. If SPX breaks $ 1525.35, $ 1530.94 will be tested again and then maybe even $ 1548.49. Lower resistance is at $ 1502.56 for now.

  3. $ 67.10 needs to hold for QQQ or it can fall to at least $ 66.84, or even $ 66.69. But if $ 67.49 can be broken to the upside, then $ 67.74 will come into play.

  4. IWM needs to retake $ 91.19 for it to continue to the upside with it's 1st target then being $ 92.68. If $ 90.28 can't be held, IWM will fall back to at least $ 88.79.

  5. Was this it for the DIA's? If it can retake $ 141.31, then $ 142.73 comes into play. Lower resistance sits at $ 139.89 for now.

  6. Oil (CL) continues it's slide from a beautiful short back on 2/20. $ 91.56 needs to hold here or next stop could easily be $ 89.06.

  7. Finally the "Mighty" Dollar. It continues to climb and it breaks $ 82.075, $ 83.282 will be on the plate next. Of if this happens, the $ 89.06 oil should be a given and maybe even $ 87.05.

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