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Friday, November 22, 2024

Pot Holes In The Road Ahead

The market continues higher confirming what I suspect will be a very bullish 2011, although, we are overdue for a pullback. Watch for a breach of the 20 simple moving average and the recent trend line that has been in place since September. The retracement when it occurs should not be massive but only a shake out of small magnitude and then a resumption of the bullish move

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