By Doug Short (Guest Post)
Below is the latest weekend update from Serge Perreault, a Chartered Accountant and market technician located near Montreal, Canada. Serge has been following the U.S. market in a series of weekly charts. Below is his update on the S&P 500 followed by my regular weekend update on the 3 ‘real’ mega bears: The S&P 500 broke its uptrend support, thus confirming a downtrend from November 2010, on 66% above-average volume and on falling and breaking-support momentum. And now it’s time again for the weekend update of our “Real” Mega-Bears, an…
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