It was a magnificently convenient day for the SPX today. The market is in a downtrend
on my short term indicators, but as fate would have it, the Boyz rallied it at the previous
10/12 low of 1429, and to compliment this fine bit of service, saw it settle at the 50 day
m/a. Sometimes, monkeyshines like this portend a significant "save" and subsequent
rally, but often it is just a sucker's play to reel in shorts and get the tape players buzzing.
SPX
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