Reflections of Reality
(Technical Analysis, Flow Analysis, Economics)
Saturday, September 10, 2011
The vagaries of September
The Market needs to fix the performance of the Materials and the Banks. These 2 sectors are key!!!
The Materials don't look good and they were former leaders
The next MOMO chart bring home the key message fro september:
IF A OVERSOLD MARKET
CAN NOT BOUNCE IT WILL CRASH!!
BANKS look like more pain...
...as does the Spyder
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