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Friday, October 29, 2010

Friday, After the Close!!!

Short-term up volume is accelerating to the downside over the last week, unfortunately, Down volume has also decreased, longer term down volume is trending upwards. Once down volume over-takes up volume, the bears will have the ball back. Hopefully sooner, rather then later.
Today was boring as the SPX traded sideways all day, closing down 0.04%. There is not much to really add, as not much really happened!!!
I will be posting some longer-term charts through-out the week-end.

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