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Running Into Resistance
David Goldring
Thursday, October 06, 2011

The major indices booked another round of strong gains yesterday and have now climbed a stunning 6% since the last hour on Tuesday. The Ts indicators closed at 0.08 and 0.47 and we closed in a Down/Down neutral position. It is interesting that despite the gains of the past two sessions, the first Ts indicator was only able to move from 0.06 to 0.08, which means that there are still 12x as many sto...

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