Stock Market Analysis – 10-24-2008

October 26, 2008 at 4:31 pm · Filed Under Broader Market 

SPY Weekly Chart (10/24/2008)

The global crash continued as the week closed out poorly, scraping the bottom support level again.  The weekly highs have been sinking for the past 3 weeks, and it’s only a matter of time before we fall through the bottom.  Keep waiting…

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