S&P Chart Breaking Support

As far as how this support matters, it depends upon your timeline. The 50-day moving average for the SPY is not seen until $143.23.

The Erlanger Value Lines can be accessed via

OCTOBER 19, 2012

Read Full Story

Markets

DJIA 25,798.42 547.87 2.17%
NASDAQ 7,645.49 214.75 2.89%
NIKKEI 225 22,549.24 277.94 1.25%
HANG SENG 25,462.26 17.20 0.07%
DAX 11,776.55 162.39 1.40%
USD (per EUR) 1.16 0.00 -0.06%
USD (per CHF) 0.99 0.00 0.36%
JPY (per USD) 112.31 0.48 0.43%
GBP (per USD) 1.32 0.00 0.23%