This is Capital Essence’s “ETFs Trading Map” for Friday April 1, 2011.
…Key Technical Development:the Market Climate as of hursday close is characterized by a defensive and low volatility trading environment that had historically been hostile for stocks. But the system still favored the […] trade (see area ‘A’ in the chart) so downside risk should be limited. SPY is now overbought following recent advance. But it had shifted to short-term ..
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