Examining the S&P 500

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Examining the S&P 500

posted on May 20, 2010 06:57AM

http://seekingalpha.com/article/206049-examining-the-s-p-500

It’s possible we could be setting up for some type of bounce. How strong it could be remains to be seen.

My indicators on all my time frames still scream bearish, but I am seeing some potential short term exhaustion by the sellers, as indicated on the chart below (click to enlarge).

About the author: Jeff Pierce

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