Markets Drop Sharply As Dollar Spikes
June 10, 2011 at 12:07 PM EDT
The markets have flushed into the key SPDR S&P 500 ETF (NYSE:SPY) support level at $127.60. This level was a long signal taken for a scalp. As of now, the SPY is trading at $127.80. Half of the position is off the table for a $0.20 profit while the remainder has a $0.50 profit target [...]