June 1, 2012 Market Summary
Posted on June 01, 2012 at 16:51 PM EDT
On Friday, June 1, the last primary support level in the S&P 500 was broken. This means the uptrend that began in October of last year is officially over. It is possible the intra-day break below support on Friday could turn into a false breakout; therefore, there are important levels to watch in each of these ETFs.
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