Tuesday, June 1, 2010

checkthemarkets.com - The Week Ahead: A Breakdown or a Bounce?

checkthemarkets.com - The Week Ahead: A Breakdown or a Bounce?: "First off, here are three things that I'm watching closely. Bernie Schaeffer has mentioned numerous times the potential importance of the SPX's 160-month moving average. This very long-term moving average has done a great job of defining true bull or bear markets. Unfortunately, the SPX sank back beneath this trendline in May."


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