Exposing Ideas to the Envelope of Serendipity

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Thursday, July 29, 2010


XLF and numerous stocks in the sector have tentative inverse head and shoulders patterns in the making, that if confirmed would suggest considerably higher prices may be on the way. A decisive close above the neckline is needed to kick things into gear. Note also that the double left shoulder leaves open the possibility of a double right shoulder yet to form. 

Trade well.

-- Brinkley
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