Monday, November 14, 2011

14 Nov 2011

 Neither oversold or overbought in the short term.  Closer to oversold though.  Could provide room for one last push upwards.
Ready for one last push?

Everyone has been talking about the triangle forming.  Considering the massive tail-wind in the market as judged by the McClellan Summation Index, I could see us breaking up out of it only to fail soon after.  I guess no one knows.

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