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Thursday, April 12, 2012

SPY, VXX 60 Mintues Charts

The market was incredibly strong all day, always does the unexpected.  SPY broke the 60 minute down trend and VXX broke the 60 minutes up trend.  Charts have to be redrawn.  The bears still have some hope, and I get to reload some (what a surprise).

SPY looks like it want 139.

In a bigger picture, it looks like back-testing the break-down.

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