Technicals: S&P 500 ETF Looks for Channel Support
June 14, 2011 at 09:03 AM EDT
Exchange traded funds tracking the S&P 500 were set to rise more than 1% at Tuesday’s open following economic reports on retail sales and producer prices. In this options expiration week, traders are looking for an oversold bounce in U.S. stocks near the S&P 500’s channel support. The...