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| S&P500 Daily Close @ 05/23/2012 |
Balance of risks has turned back to the upside after another 'indecisive' day; even though the intra-day price action was quite negative (yet holding above the lows from last week).
That said; the wise man's approach may simply to be to establish a long position @ the 200day SMA, should the opportunity arise. (tight stops as per usual).
