Friday, July 27, 2012

Market Breaks Out to the Upside

In Olympic style the market finished the week with a perfect 10 – breaking above recent resistance after holding support at its 50 day moving average. With the level of bearishness among individual investors palpable – the market once again scored a victory breaking above recent resistance. Next week may be a different story after the Fed announcement on Wednesday. Find out more Next Week on Wall Street…

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