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Pascal
01-13-2013, 03:08 AM
Even though we are overextended, the 20DMF does not show any real weakness.
Hence, the market direction is still up. We can also see that the cumulative tick is also "cruising higher."

The RT 20DMF has also shown buying spikes at the end of each of the four past trading days.
The market is controlled higher and there is nothing more that we need to know.


Pascal

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