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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (47275)	11/10/2011 1:19:13 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 72403

Quick one tonight as original post chocked while it was being posted. Potential sell signal on SP500. Index needs confirmation with a follow through day tomorrow. No sell signal on DOW and COMPX. The signals are still neutral, but I expect a follow through down day tomorrow. Right now essentially a normal pull back within a consolidation pattern. Gold still in long term up channel. It need to hold the 1700 support level or it will fall to 1600. Financials still in long term down trend. Stay away. Oil service stocks (OIH) need to hold the current level or a sell signal will be generated.