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Market Commentary

Published on: February 6, 2010 No Comment

This is Capital Essence’s CEM News - Market Outlook (the technical analysis of financial markets) for February 8, 2010.

…Friday was clearly an extremely volatile day with the S&P lost nearly 20 points at its intraday low but only to recover aggressively in the last hour of trading to end the day in positive territory. With no trigger for the abrupt turn, one of the most educated guesses to Friday vicious move was that the market could have hit a…

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