Market Report -- In Play (SPY)

November 4, 2009 10:06 AM ET
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Stock indices pop higher out of opening range -- Dow +87, S&P +9.6, Nasdaq +12 No selling pressure was noted following the slightly weaker ISM data leaving the early bias/path of least resistance to the upside. Short term resistances (as noted in the 09:52 update) are at 1056 (38% retrace of Oct-Nov slide) and 1059/1060 (congestion/20 day exp) -- session high 1056.

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