Midday Video Update 08/27/12
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The video below takes a look at key levels and trends in $SPY $QQQ $IWM $XLF $SMH $UUP $TLT $GLD $SLV $AAPL
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The 50 day moving average is widely watched technical study and for good reason. A rising 50 day MA often acts as support for a stock on pullbacks and a declining 50 DMA often acts as resistance on bounces. As with any technical tool, the … Read More