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State of the Market – 26 October 2014

26 October 2014

lt_26oct2014 Long term is right about neutral.  Lowest level since June 2012.

mt_26oct2014

Medium term is heading back into positive territory.

st_26oct2014

 

Short term is declining from overbought levels.

McClellan summation index continues to trend upwards.  Stay long until it reverses.

 

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