Monday, November 21, 2011

21 Nov 2011

I hope these are clear enough for you.

As you can see (or maybe not) by the top three charts, we are getting a little oversold in the short term, but nothing extreme yet.  The medium term (bottom) still has some room to go.

The SP-500 closed just above its 500 day simple moving average today.  This moving average should put up a fight as it was support in 2010 and most of 2011. 

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