Stock Market technical analysis. All of my thoughts, trades and analysis are my opinions only. I am NOT responsible for any loss you may incur. These posts are NOT meant to be recommendations in the market. This website is not a solicitation to buy or sell securities, options, or futures. The purpose of this content is educational only.
Friday, October 15, 2010
Market bounces off of the blue trendline after an initial sell off
The blue trendline is being hit more frequently. A break of it will yield a drop to at least the daily 20-MA Blue trendline on the daily chart:
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