Stock Market Analysis – 09-25-2009
September 25, 2009 at 10:48 pm · Filed Under Broader Market
While we talk big about the bearish signals, the weekly chart shows that the bears have nothing to celebrate yet. All we have so far is a down week on low volume that stayed above the trendline. Every pullback is a situation to monitor, but if you trade on a long term time frame there’s no reason to panic yet. Definitely keep an eye on the market action next week though.
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