May 10th – Cross That Line

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SPX - The General Markets are shaping up and as mentioned in yesterdays report- I expect the SPX to cross this line.  That is ( at least short term) A bullish break out from a down trend. We also have been watching this triangle formation.

 

And this is why I mentioned that I would expect a break higher...

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May 9th – Close One

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We had a lot of movement in the markets on Tuesday, but we did not get the move that we were looking for.  What was that?...

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May 8th Trading

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NASDAQ -  The NASDAQ broke above the 50sma and has broken the down trend for now, this is short term bullish action ...

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