Archive for June 6th, 2011

Stock Market Decline Continues to Gain Momentum

Stock Market Decline Continues to Gain Momentum

| June 6, 2011

The S&P 500 index closed sharply lower for a second straight session, breaking well below congestion support in the 1,300 area and reconfirming the downtrend from early May. Technical indicators remain extremely bearish overall on the daily chart, supporting a continuation of the decline. During the past two sessions, two important support levels have been [...]

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Short-term Forecast for June 6, 2011

Short-term Forecast for June 6, 2011

| June 6, 2011

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