Friday, May 14, 2010

FRIDAY MARKET WRAP


The rising VIX and the flat to declining 20 and 50 EMA's tells me more likely than not, we are in a period of correction. GOOD chance another test of the 200 EMA awaits.
VOlume continues to EXPAND on the down days, recede on the up days.
adjusted Monetary Base is in sharp decline
D

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