Stock Market Analysis – 02-18-2010

February 19, 2010 at 12:40 am · Filed Under Broader Market 

imageThe price is saying yes, but the volume is saying no.  Sliding volume is typically screaming correction.  In this case, that would mean an upward correction in the midst of a downward movement.  I’m fully expecting to hit resistance soon, but will keep a close eye on bullish options should the opportunity arise.

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