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Archive: October, 2013

Possible upward movement in S&P 500

Despite the shutdown of the US government and the anxiety it brings to investors/traders we have indications of an upward movement for the major US stock indices. The three last candlesticks of the daily chart of S&P 500 (below) are forming a morning star bullish reversal pattern. This is happening on an up slopping trendline […]