Jan 4th – 2010

Wed, Jan 6, 2010

US Commentary

Weekly Trend: __ Up
Daily Trend: Up
Daily Momentum: Up

The S&P is breaking out into new high ground with increasing momentum. Daily and weekly trends are up. Long positions are the only appropriate strategy so we’ll start the year with reviewing trades we left behind from December and adding a new setup. We’ll be adding more setups in the coming days.

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This post was written by:

Nick Radge - who has written 898 posts on The Chartist.


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