Clear signs of distribution in last few days | stockbee

7/27/2011

Clear signs of distribution in last few days


As of now market moves are dictated by the political drama on debt deal.
Clear signs of distribution in last few days.


However market still within 5% of this year high.
Bottom line...
It continues to be a sideways market.
Look for 300 plus day on either side to play in that direction.

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