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weekly is toast (my 2 cents)


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#1 dadook

dadook

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Posted 04 August 2011 - 10:41 PM

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After yesterday's close I thought "they" were going to close it above the trendline to preserve the weekly "close" uptrend on SPX. That chance is pretty much over now.

The bounce when it comes might go back to kiss that broken trendline.

bests.

Edited by dadook, 04 August 2011 - 10:50 PM.