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S&P 500 Short Term Rally fails $SPY
By Investment Moats  •  September 29, 2011


Just like what I talked about yesterday, the inability to stay above the 20 day EMA seems to signify a change in short term trend.

Today the market tried to rally higher but failed.

S&P 500 Short Term Rally fails $SPY 20110929%20spx

If we move lower tonight and tomorrow, we revisit that question since August: Will 1100 hold?

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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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