Getting Even More Oversold
Even the 1335 level we had been watching as likely support in the S&P 500 has been unable to hold. It was broken on Tuesday, and the rally early yesterday was unable to hold, bringing in an even lower low. But it does look as though the decline has slowed.
This comes at a time when the five-day and 10-day moving averages of the Arms Index are quite oversold....379 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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