Wednesday, November 16, 2011

There's the bounce

Last market update I said the intraday/a.m. support from the triangle will likely cause a bounce, I wrote that even as the SPY was just breaking below the support line, but it's all too predictable as it happens again and again day in and day out.

So here's the first bounce off support.


I'm going to look at the market in depth as I did yesterday and see if any of the same of different market anomalies are posting any red flags like yesterday's late day rally did.

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