The Quick Takes Pro blog by Michael Kahn, CMT about anything that might affect your portfolio.
Short term sentiment indicators are certainly lining up for a rebound OR the big plunge.
Daily log scale, spx and dji have broken march '09 upward trend line.... What do you think Mike?-Will
The trendline from March 09 does not really describe the action - its more a three part rally march 09 to April 10, April 10 to July/Aug 10, Aug 10 to May 11.With that said, this is not a bullish market.
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