Archive for July 24th, 2012

Stock Market Rising Wedge Breaks Down

Stock Market Rising Wedge Breaks Down

| July 24, 2012

At the beginning of July, we noted that the rebound off of the low in early June had developed into a rising wedge, which is a bearish technical formation that usually terminates with a break below uptrend support. Today, the S&P 500 index closed moderately lower, breaking well below the lower boundary of the rising [...]

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Short-term Forecast for July 24, 2012

Short-term Forecast for July 24, 2012

| July 24, 2012

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Potential Short-term Signal: Stock Market Technical Analysis

Potential Short-term Signal: Stock Market Technical Analysis

| July 24, 2012

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