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Sunday, July 25, 2010

Touching the 200SMA

I like this chart. Bulls are definitely incharge right now. We got a volatile 3 days where bulls and bears were fighting with each other and then boom! Bulls win. If we break pass the 200 SMA we are in for a bull run. Then again if you read the news, people are not too convinced about the standard in the European banks stress test.

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