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| S&P500 Daily Chart: Close 02/01/12 |
NYSE 'Floor Trader' cited the 50/200 day positive cross as one of the 'rationales' for the UP market.
The previous signal back in August 2011, signaled a 'low' of sorts and only exerted its influence once (thrice) tested.
Should we expect the same....a test @ 1260?
Me thinks.
