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Jun
26

Intraday Update (Tight Range Spells Trouble)

By Rennie on Friday, June 26th, 2009 at 1:50 pm

S&P500 currently trading in a tight 7-point trading range. If the S&P remains range-bound heading into the close, it will trigger a short-term sell signal at today’s close. Historically, it’s a short-term negative sign when…

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Categories : Intraday Commentary
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