We'll repeat the mantra of positives here: a spiking put-call ratio, an outperforming NYSE advance-decline line (see first chart below), and new lows that are half of what they were a week ago in this same area (and a third of what they were in August).
Plenty of ammunition for the bulls — but it won't matter if the S&P 500 (second chart) can't hold 1364-1370 support. If that goes, 1327 looks like the next decent support level, but more importantly, a 15-month trading range would have broken the wrong way.
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Tiger Town on the Brink. Following a bus attack which killed 64 people, out of government funds($1 Million US)and technical assistance was provided by
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In short, a good a place as any to reverse the downtrend, but the persistent weakness at a historically positive time of year remains troubling.
Technical Analysis - Investing Research - Insider Trading ::
Technical Analysis - Barron's is the world's leading business publication. BRINK'S. INSIDE SCOOP 8/8. Brink's CEO Makes a Play for Cash
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Paul Shread is a Chartered Market Technician (CMT) and member of the Market Technicians Association.
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Technical Analysis: On The Brink 
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