Aug. 27 (Bloomberg) -- Sales of previously owned homes in the U.S. fell in July for a fifth consecutive month, adding to the inventory of unsold properties and showing the housing slump that triggered a collapse in credit markets will drag on.
NQ drops to daily pivot (1956.50) and holds so far. Gaps have not been closed (ES 1483.50 and NQ 1969.50). Watch weekly pivots on any sell-off (ES 1467.50 and NQ 1940.25), although NQ has key support a little earlier at 1945.75.
NQ drops to daily pivot (1956.50) and holds so far. Gaps have not been closed (ES 1483.50 and NQ 1969.50). Watch weekly pivots on any sell-off (ES 1467.50 and NQ 1940.25), although NQ has key support a little earlier at 1945.75.
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