Monday, November 19, 2012

Indices Are Oversold - Late Post

SGS is Long (As of close of 4/30/2012) 


Indices are rallying from an oversold condition today (Monday).  I think there is a good chance we see SPX test resistance at 1400 to 1410 level this week or early next week.

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Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.