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With the release of the Fed Minutes Wednesday, we got a good amount of action in the markets this week. Lets review sector by sector.
The SPY - On Nov 16, with a day 25 high in place, I expected a bullish break higher and a DCL to be put in place.
SPX Nov 18 - This was a bullish break out back above the 200sma.
That was follow through after the release of the fed minutes. What can we expect?
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Alex - Chart Freak2015-11-23 02:48:012015-11-23 02:48:02Nov 22 Weekend ReportFriday November 20, 2015
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Alex - Chart Freak2015-11-20 13:38:392015-11-20 14:40:05New Trade IdeasThe picture started getting clearer in many sectors of the market after the Fed Minutes were released Wednesday afternoon. Lets take a look.
SPX / SPY - Looking for an overhead follow through and within the timing for a DCL. The 200sma acted as resistance.
Bullish Break through, I expect higher prices and will watch how the follow through plays out.
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Alex - Chart Freak2015-11-19 13:50:542015-11-19 13:50:54A Clearer Picture
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