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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Sunday, June 28, 2009

SPY - Stuck in the middle


Head & Shoulder pattern making right shoulder would indicate the 200 day moving average will act as resistance again and a possible test of 88 before the holiday.


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