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Cusick’s Corner
In yesterday’s Corner I mentioned that the overnight session in the S&Ps could have some stress, the market took the S&Ps right to and through the level that I had my eye on at 1220. This is a critical challenge on the lower trendline, creating a technical pattern called a “Triangle”. With Spain’s bonds trading at a yield above 7%, there are still considerable questions on the EFSF capabilities to get the necessary funding. The market held this morning supported by all … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards