Monday, July 26, 2010

7/26 - eod scan



  • despite breaking a few support levels today, the market seems strong and should not breakdown hard into the close...
  • if anything, maybe a scare out soon then a strong move up towards the highs again to close off the day
  • gold and gold companies falling hard today..weakest sector...which is bullish for the market...
  • IWM and MDY outperformers today which is bullish
  • if we close at these levels, more stocks will confirm a reversal pattern up...

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