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Thursday, March 25, 2010

03/25/2010 After Bell Quick Summary

OK, reversal day? Yes. Will the pullback continue? No idea. ChiOsc on SPY 30 min chart is a little bit too low (see blue dashed lines) so the market  should rebound at least tomorrow morning. The bottom line, still expect consolidation (or small rise) for a few days then pullback. Not sure if the consolidation ended today or there’s more. Well, not exactly not sure as I’ll have a speculation chart in tonight’s report. See you there.

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