Stock Market Analysis – 10-06-2009

October 6, 2009 at 10:22 pm · Filed Under Broader Market 

S&P 500 Daily ChartThere’s still a downward channel forming after 2 strong days.  Tomorrow will determine whether or not the slide breaks or continues.  Playing the positive bounces may have worked out up to now, but it’s probably prudent to let the next one go and start playing the bearish swings if it comes to that. 

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