The S&P 500 index has reached a resistance level, a pullback is possible in the next few days


The chart shows the technical resistance level defined by the red trend line for the Fidelity Spartan 500 Index fund (FUSEX, change: 1.04%). Due to the low volume of the recent rally, a pullback from this level is more probable than a breakout.

The chart shows the technical resistance level defined by the red trend line for the Fidelity Spartan 500 Index fund (FUSEX, change: 1.04%). Due to the low volume of the recent rally, a pullback from this level is more probable than a breakout.

Mutual fund screens and buy/sell signals are provided by FidelitySignal.com  

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