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Monday, July 11, 2011

This Week in Charts

Well, that was some summer rally!
It went much faster than I thought. I am now questioning if this market can stay positive through August. Such a violent upturn is bound to be punished.
But I'll reserve for a down move below SPX 1260 to call this market a down trend.

We may correct, and rally right back, we'll see.
But the US Treasury interest rates may be telling us something.

To the charts!
From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

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