Levels fall as investors flee stocks
Evan McDaniel | evan.mcdaniel@optionmonster.com
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The S&P 500 fell yesterday as renewed fears about Europe drove investors back to the safety of U.S. Treasuries.
SPX shed 11.41 points or 0.81 percent to close at 1402.08. The Nasdaq 100 declined by 21.40 points, or 0.77 percent, to 2762.02 despite relative strength by key component Google. The Russell 2000, which tracks small-cap companies, shed 6.56 points, or 0.81 percent, to close at 806.00.
S&P 500
Resistance is now 1405 followed by 1407.29, 1411.41 and 1413.12.
Support is now 1401 followed by 1400.50, 1398.13 and 1395.
Nasdaq 100
Resistance is now 2764.50, followed by 2770.66, 2781.22 and 2790.
Support is now 2760, followed by 2755.89, 2649.50 and 2740.
Russell 2000
Resistance is now 806.25, followed by 809.05 and 812.30 and 813.69.
Support is now 805.15, followed by 803.50, 801.01 and 800.
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