S&P 500 Defends Support; Leaders Rally
STOCK MARKET COMMENTARY: FRIDAY, JANUARY 31, 2013 In the short term, the long overdue pullback is finally upon us. As long as support holds (1767-1772 in the SPX), odds favor this is just another shallow pullback. However, if support is broken, the next level of support is 1729. For weeks- we have written, “In the…