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Author: Jeff Pietsch

EEM Edges UP

Halfway through Monday and EEM is holding top slot in the Lazy Man Rotator.  It’s always helpful to look at what’s holding up and what’s not on trend days like today and EEM has so far maintained stellar...

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10.10.11 – Columbus Gap & Run

Internals remain trend-day strong at the mid-day with next SPY resistance at $119.50, then $122 even as price seeks firmer acceptance at $119 just here. Watch the slope of that 100-minute ema very closely with volume as light as...

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Year End Rally?

Bounce continued on a good jobs number and hit the 50 day moving average premarket.   Europe appears set to recapitalize the most troubled banks and backstop the sector, but there was a race to downgrade various Europe...

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Breather

We are seeing our fifth bounce in the last two months with a string of strong upside days on declining volume with hardly any weakness in between.  There are more bottom callers emerging today but also quite a few urging to...

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HLC TREND X

This is a continuation of the HLC Trend indicator post and shows the actual signals created by the cross of the HLC and the MA7.  We’ve plotted the HLC in green and the MA7 in red so it’s easy to see that when...

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Into Resistance

Better than expected ADP number and reversals in Apple and Google offset the struggling banks.  A good-sized two-day bounce puts us in a heavy resistance zone.  The major downtrend line remains in place and we are...

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