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Market Open and Data

randholm
October 29, 2013 8:34 am / Published in Market Update

Market Open and Data

The market opened at the high and the bulls continue o push

Interest rates are rising.

Gold is trading below $1350.

Oil is below $98.

The stock market shows no signs of a correction even though it is very overbought and a correction is in order.

Gold futures are at $1348, silver futures are at $22.52, and oil futures are $97.93.

S&P 500 resistance levels are 1766, 1775, and 1800; support levels are 1750, 1725, and 1710.

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