Approaching Crucial Support

Active traders and longterm investors can look at current levels of 1329 on the S&P 500 as an area where a 33 to 50 percent long position in the market is worth trying.  The 1330 to 1390 trading range is still in play with outlier levels of 1265 and 1460 to be kept in the back of your mind.  Fundamentals are terrible now but there is still an investor bacground of hope.

7:45 AM CDT