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northam43

07/17/13 11:07 AM

#6402 RE: northam43 #6400

Updated SPX 60 min chart:

The 60 min EMA 3 (red line) didn't get a confirmed crossing above the UTL (top green line) last hour. The MACD is still on the Bear side, so the 60 min Phase 2 is still likely to be a short one.