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Archive for August, 2011

Posted by Martin August 03, 2011

S&P 500 reversal or further downtrend?

Yesterday S&P 500 (represented in my posts by SPY) broke through $126 support level on a high volume. It did exactly what I was expecting a few weeks ago when I was thinking it would go all the way down to this support level. I was wrong on a little bounce circa a week ago, Continue reading →