Invested Central Market Minute – April 17, 2012

The market was split on Monday, with the Dow getting positive attention while while the NASDAQ lost some ground. The S&P barely budged, but still remains under important technical levels. In fact, look at how the 20 day moving average is converging on the 50 day, beginning to get too close for comfort for the bulls. Thus, they best get to work here, or we’re going to see more selling, with 1357, the most recent low, a target for the bears.

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