Quite A Ride

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There were reversals all over the place yesterday.  From the Market sell off and Oil reversing higher, to  Gold and The Miners breaking out only to turn lower. What can we expect going forward?

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SPX - Volatility has produced many reversal here at the lows, but I think they were just clearing everyone out before a run higher.

SPX 2-24

In an earlier report, I pointed out this possibility, and we see it playing out...

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Buy Sell Or Hold

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I've been expecting a multi week rally in the markets since Feb 11, and so far it is pretty lack luster.  I noticed weakness in the SPX on Monday and mentioned that I thought this would cause the 'rally' to stall.

  I posted this chart, read the writing.

SPX 2-22

The SPX was rejected at the 50 sma.

  SPX 2-23 Read More

Wash Rinse Repeat

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Well, I had a weekend report with 32 charts and not much has changed in one trading day,  so lets do a little review and then look at some trade set ups.

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Last week we saw a healthy set up for a move higher

SPX 2-17

This week...

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