Stock Market Analysis – 07-19-2010

July 19, 2010 at 11:18 pm · Filed Under Broader Market 

S&P 500 Daily ChartI hate when I’m right, but not playing market.  At least I can look back through the blog at all the times I’ve been wrong over the past few years to bring me back to reality.  The market is still volatile, but in a definite downward trend still.  Watch for the line at $1100 as the level to signal distribution, otherwise it’s all bearish trades.

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