Stock Market Analysis – 08-06-2010
August 8, 2010 at 11:42 pm · Filed Under Broader Market
The market started weak, but coincidentally bounced back right off the uptrend line. I still don’t want to say I’m bullish, but the bears failed to capitalize on another chance. The range keeps narrowing and should be broken one way or another this week. It should have a nice tight natural stop, so get ready to make a play.
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