August 02, 2009 at 19:59 PM EDT
Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, GLD, XME
Last weekend, in my Market Forecast, I said, "For the new week, although market still looks strong, it is also toppy. After 2 weeks of rallying, it is starting to look sluggish. SPX 980 is posing some resistance. We could see some profit-taking and consolidation here before testing SPX 1000. SPX 950 now should be a [...]
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