Options and Stock Market Technical Chart Analysis for October 26, 2009 by Idan Koren

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Uploaded by on Oct 26, 2009

Today we look at the SPX and how it's about to hit the bottom of the wedge support where we expect o see some form of a bounce. The XLF already broke it's respective wedge, so it looks more bearish. The S&P could fall to 1051 potentially and then bounce for a retest too, but I would rather think bullish tomorrow on a dip. We also look at the FAZ, USO, BIDU, AMZN plays here.

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  • great video thanks Idan. Finally nice to see some downward movement.

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