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  1. A

    the trend is up, market has bottomed.

    The DJIA met retest of last Friday’s low, and the Market would be back to bullish now. For good measure, the market threw in an Arms Index reading of 2.35, and a CBOE Put/Call Volume Ratio of 1.04, both of which are high enough to be considered oversold readings. It is still possible...
  2. A

    the trend is up, market has bottomed.

    The Last Friday lows (14/06/02) have been retested and Market is now due for a nice upturn foing into summer rally. Buying some options would not be a bad idea. However keep some puts for protection in case we are wrong.
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