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Tuesday, January 24, 2012

Can Technical Resistance and Excessive Bullishness Break Up Side Momentum?

By Simon Maierhofer | ETFguide
The S&P is up 4.6% year-to-date. Momentum is clearly positive, but if the S&P kept going at this rate, it would end the year up 80%. Obviously this is impossible and some sort of correction is inevitable... read more.

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