The technical situation still looks very static.
Quick summarization:
- we are still in primary uptrend and daily downtrend;
- RSI and CCI oscillators are showing positive divergences;
- volume is decreasing;
- S&P500 is above 1000 and there was no sell signal generated.
Note: I am entering important phase of my secondary project. Therefore, there might be breaks in daily posts.
Sources:
[http://www.reuters.com/article/idUSLDE66J21U20100720]
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