Health Care at Support

09/29/2008 12:00 am EST


Thomas Aspray

, Professional Trader & Analyst


The S&P Health Care Sector again tested both short- and long-term support in the 350-360 area last week but closed near the week's highs. A move back above the resistance at 390-395 is needed to reassert the uptrend. The health care sector is still acting stronger than the S&P 500.

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