02/07/2009 Unemployment rate pull back

Posted on Thursday the 2nd of July 2009 at 23:04 by LtPinback

Large gap lower, a broad-based sell-off on the unemployment rate data and more camping on the last day before the holiday. Volume was dismal.

S&P 500 Index 5min Chart

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S&P 500 SPDRs 5min Chart

Unemployment Rate reaches 9.5 percent, the highest in nearly 26 years. A Head & Shoulders pattern is almost complete and thus a complete meltdown [...]

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