This is Capital Essence’s CEM News – Market Outlook (the technical analysis of financial markets) for February 12, 2013.
…our “U.S. Market ETF Trading Map” rates the S&P as a Buy. So far, there was no upside follow-through to Friday bullish breakout. While the action is not very encouraging, it is not unusual to see some sorts of consolidations after the kind of explosive upside move that we saw last month. What we don’t want to see right now is…
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