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Wednesday, 11/02/2011 2:44:11 PM

Wednesday, November 02, 2011 2:44:11 PM

Post# of 2930
SPX Chart

The first chart is SPX showing price moving away from upper trend line and daily stoch falling below 80. Both indicators are telling me Not to buy (long) at this juncture. - The second chart is QQQ. Im using it as a leading indicator and if it breaks below its trendline (or holds) then it would indicate SPXs next move.


SPX


QQQ

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