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The latest from the
IndexHunter session 05/12/2009
KOL -
Coal index has been one
of the strongest indexes, along with steel and gaming
stocks. KOL now has a sideways motion but not enough
to negate the weekly and monthly upward motion.
CME - Weekly MACD charts shows the level belongs above
270. Daily charts shows downside divergence, but weekly is in control.
DBA - Agricultural Index, still strong weekly, nothing has
changed, but there is no entry on the daily charts, have to look at the lower
time frames, the hourly is just meandering. need to wait for some clarity for
re-entry.
FAN - need to get daily weakness out of the way and it'll pop
back up.
MUR - enormous weekly strength, just needed daily to
confirm, no need to look at hourly charts.
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