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[4caster]

After having risen in the month of July this year, on July 27th the SPX put in a pretty sizable

red candle followed by 2 up days and then the SPX headed south in Aug. This past Wed. the

SPX put in another sizable red candle followed by 2 up days. As was the case in July was

Wed. a shot across the bow? This coming week the volume will be low making it tough to

get a good read, but we possibly head south in Jan.

[4caster]

Additionally, the MACD(12,26,9) on the daily SPX chart, the BPSPX and the SPXA50 are all

currently where they were during the last week of July. How much higher can they go, inquiring

minds want to know.