Minimally methodical transferring facts, wisdom, and illusions to friends and future generations. Lessons learned stem mostly from doing things wrong. Hopefully, others might learn without the pain suffered and caused.
Thursday, June 25, 2009
Market Breakout?
The market broke out of its down trend this morning as shown on the left-hand hourly graph of the S&P 500 Index (SPX). However, looking at the longer term, it may be a dramatic retest of the longer-term uptrend lines before continuing its correction. Time will tell.
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Does the graph change every second?
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