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Macro Analysis 8/17/2012

Posted by Momentum Trader on August 19th, 2012

Equity markets are in the throes of the "dog days" of summer and had a sleepy week with an upside bias. Thursday was the pivotal day as a number of indexes penetrated significant resistance which signals a short to intermediate term bull market.

 

Market sentiment is on the cusp of another massive slump yet traders are reluctant to feed another painful wave of deleveraging. CFDTrading provides the latest in news and signals for CFD Trading.

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