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MARKET GETS SLAMMED ON CONSUMER CONFIDENCE

Posted by Aadil on February 23, 2010 at 5:04pm

By TRADER X on February 23rd, 2010 10:19am Eastern Time

The SPY dropped sharply after the consumer confidence number was released at 10:00 am EST. The SPY will have some minor intraday support at 110.00 and better intraday support at 109.70. Both levels could possibly see small bounces.

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