Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Wednesday, September 14, 2011

Midmorning Trendline Charts Update 9/14/11

Stock Market Technical Analysis




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In the past few minutes the Nasdaq has broken above  its red downtrend line shown in the lower cluster upper left corner.  The SPY is set up ready to lift.  The VIX is poised ready to drop.  The UUP has just barely dropped out of its blue line channel.  If it starts falling quickly, the stock market should rally nicely here.

Alan

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