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Monday, September 26, 2011

This Week In Charts

Nothing much to add, market in overall downtrend as described at top of this blog. (click)
Natural Resources getting CRUSHED for the last few weeks, however a near term (long term?) bottom probably happened today.  Expect a bounce
The stock market is trading in a range, that I expect overall breaks downward eventually, for the next 6 months to a year.

The S&P 500 chart.

From WebSufinMurfs FinancialBlog2

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