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Video Market Recap For Friday, June 26, 2015 - SPY IWM TLT GLD GDX ASHR USO NIB

6/27/2015

We are continuing to see both relative and absolute strength in the small-cap universe. This week IWM hit both an all-time high and an all-time closing highs – this is a bullish development. Market breadth for IWM has some minor divergences, but overall, the underlying breadth is confirming the new highs.
Read the rest of this post here: http://www.masterchartstrading.com/blog/market-recap-for-friday-june-26-2015-spy-iwm-tlt-gld-gdx-ashr-uso-nib

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Video Market Recap For The Week Ending Friday June 12th, 2015 - SPY QQQ IWM NYA XBI AGG GLD GDX XLE BTU

6/12/2015

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This week the S&P 500 and other major indices tested and held their first supports. $SPX is up a fraction of a percent. $SPX dropped below our stop-loss on Tuesday, but buying was already evident on Wednesday. By end of day on Wednesday $SPX printed a hammer-like candlestick. Next day a powerful rally confirmed that the support held for now.
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Video Market Recap For The Week Ending Friday June 5th, 2015 SPY IWM KRE TLT AGG GLD GDX UNG

6/6/2015

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The S&P 500 ended the week on a rather weak note, closing below the 50-day moving average. MACD indicator for $SPX is also very close to a centerline crossover. The ITBM (breadth momentum oscillator) is also in the negative territory and still falling. Could more downside be in the cards for $SPX? It is certainly a possibility. Read the rest of this post here

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