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Wednesday, September 22, 2010

Wednesday 9/22/10 wrap up

Price action since yesterday's spike highs has been more choppy and corrective than impulsive, at this point it's not indicative of a change in trend to a bear market.  But that can change.

Prices have clearly broken below the up trend line from late August.  However, the Dynamic Oscillator has not moved below the 80.0 level, so no sell signal as of yet on the Trend/Osc system.

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