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Strategies & Market Trends : Classic TA Workplace

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To: 2MAR$ who wrote (191843)	6/30/2011 2:30:50 PM
From: 2MAR$	Read Replies (1) of 209892

XLB tested that higher late may pivot top today @ $39.50 and pulled back ...the CCI getting really over extended here which would indicate a pause is in store on this move after they popped MON for 2days which has a 5% weighting with DD & FCX making their moves too. CCI has been really a great indicator more clearly defining the overbought & oversold , more refining interpretation of the RSI , really has been a great help . Tops were clearly defined and the bottoms off the 200ma (note double bottoms!) ...pretty choreographed stuff .<vbg Now do they run up the XLF/BKX tmorrow ? Nobody wants them , lol...sheesh,

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