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Safe to Rally
December 29th, 2008 at 3:23pm · No Comments
Used to be, in the bull market, you looked for the year-end rally to get underway in early December. Those days are long gone. But with only two full days left in 2008, it looks like it might be safe to call for a rally here. The modified DMX looks bullish on both the 60 and 135 minute charts. The eMini seems to have found support at the same 852 level that stopped the decline one week ago.
Tags: General Market Commentary · S&P 500
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