Friday, August 8, 2008

A Summer Rally in the Making?

S&P encountering late afternoon resistance at the 50 day moving average. The "box" the we discussed earlier in the week has become a clear pattern of higher lows and higher highs. The 1325 area would be the next area of upward resistance. That indeed would mark a decent summer rally, as the Dow would be over the 12,000 level if.... To Read More Click here

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