Monday, November 15, 2010

There's not a lot to say today. An inside day - a day of indecision.

The chart remains above the key 50-Day Moving Average.

The RSI dipped below 50 today. That suggest that the market continued to weaken.

I can't see any convincing evidence that the market won't continue to weaken in the next couple of days.

Cheers
Red

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