Stock Market Review 2/19/10

technical analysis of the US stock market. follow me on twitter http://www.twitter.com/alphatrends

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Published on 21 Feb 2010 in stock market, by admin

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This entry was posted on Sunday, February 21st, 2010 at 3:51 pm and is filed under stock market. Follow the comments through the RSS 2.0 feed. You can post a comment, or leave a trackback.

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  1. huttonp1 Said:

    Brian, the VXX is …
    Brian, the VXX is an ETN that is supposed to act as a VIX short-term futures instrument. If you compare it with the VIX chart it doesn’t seem to have much correlation though. I’d be interested in your thoughts on it :-)


  2. endlessmountain Said:

    Hello. With the …
    Hello. With the SPY on the Monthly chart we have a sandwich pattern with the 100 & 200 period moving average. The 200 is rising and we are above it and the 100 is flat and it is resistance. The 50 day month average is declining and it is in co-ordinance with the 61.8fib from the big highs and big lows giving us resistance at around $124 on any big breakouts within’ the monthly chart.

    I don’t see much support on the Monthly chart on the way down until about $90 on the fib level


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