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Tuesday, August 9, 2011

Tuesday, 8/9/11 update

ES/SPX appears to be in a 4th wave bounce after the overnight and morning lows.  There is a preliminary buy in the Trend/Osc system on the ES, but it has not been confirmed in the DX indicator on the ES, nor on the SPX Trend/Osc nor on the Vindicator Buy/Sell Index so caution is warranted.

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