Stay long but BE CAREFUL!!
Thursday, April 15, 2010
A Bear? But the market is going up?
That is right, its still going up. The S&P500 is breaking records on the technical scales with the longest relative strength index reading since the 1990s. But if you watch carefully, we have a SECOND rising wedge formation, not only on the S&P500, but the FTSE100 and our TOP40!
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