Monday, June 22, 2009

Technicals

The SPX (921.23) ended the final session of the week and the June expiration period with marginal gains in sideways trading action. NYSE volume experienced a surge of nearly +90% compared to the previous session with most of it attributed to 'quad witching' expiration of stock and index options.
Index futures are currently signalling a moderately lower start to begin the new trading week.

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