20.11.2008 20:44

RBC Capital Market on S&P 500



The S&P 500 broke below the 788.90 low from March 2003. The index, at 784.24 currently, saw a low of 776.97 before edging higher. Beyond that, strategists at RBC Capital Market say the bearish breakdown Wednesday in the S&P below the 2008 low at 818.91, seen Nov 13 "highlights the 2002 low at 768.58."






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