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Thursday, April 25, 2013

Market will Rally Till At Least the Previous Highs

Our prediction about the markets are proving out again.We got into TNA on Friday near the lows based upon technical analysis. TNA went up  yesterday even though DJI was down for the day. TNA will move up  sharply today and may reach the previous highs by tomorrow.
One other indicator we follow is On Balance Volume. This indicator has been going up since Friday.
Looks like SPX  can also go to previous highs before moving down again and it may happen by tomorrow.

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