Wednesday, March 10, 2010

SLF 10/3/2010

This is a chart of SLF, the exchange traded fund based on the Property Trust Index.

It remains within the confines of a large symmetrical triangle. Until it breaks one way or the other, no action should be taken.

Today it broke below the 15-Day Moving Average. That's a negative, but it is still supported by the lower trend line of the triangle.

Cheers
Red

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