Still Positive Equities

On a technical basis, Israel's Tel Aviv-100 Index (TA-100) continues to look good. Earlier this month, the index bounced strongly off support at around 870. It has since rallied, and today (September 29) hit a new 2009 high. The TA-100 was trading at 941 at one point, and we could see an upside move up to key technical resistance around the 960 area in the short term.

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