Sunday, December 04, 2011 6:34:10 PM
XLI monthly with the NDX price action below the main chart body -
this XLI - Industrials Sector - is a canary of gold in the sea of clues
* market participants are discounting their expectations for global growth in a manner the actual XLI price action demonstrates... as of December 2, 2011, XLI resides above its 2010 to 2011 trading range midpoint value marked with the bold dashed green horizontal line
( follow the money, not the news )
* once price surpasses $34.56, the bullish case for XLI will have much more staying power to the upside, while it remains above the $34.56 level
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*** charts at this board update "live" with the future price action when you refresh your browser ***
this XLI - Industrials Sector - is a canary of gold in the sea of clues
* market participants are discounting their expectations for global growth in a manner the actual XLI price action demonstrates... as of December 2, 2011, XLI resides above its 2010 to 2011 trading range midpoint value marked with the bold dashed green horizontal line
( follow the money, not the news )
* once price surpasses $34.56, the bullish case for XLI will have much more staying power to the upside, while it remains above the $34.56 level
*** charts at this board update "live" with the future price action when you refresh your browser ***
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