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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Vitas who wrote (56535)1/14/2014 9:05:17 PM
From: Vitas   of 219175
 
Thanks, Bob!

Here's a closer view of the Dow chart. The red 280 day cop is just crawling over the blue line over its high in 2007. The reason to think that there may be follow through is that SPX in the chart below blew through that line in May and keeps chugging up. If the Dow (NYA is similar) continues any higher then we may be in a new up leg with no particular end in sight.



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