2/12/2013

Slow down


The indexes have settled down in to slow crawl with bullish tilt. The up trend continues to be intact. Volume has sharply dropped.

The underlying breadth still continues to be extremely positive. In line with index action the moves on individual stocks are muted and breakouts have not had vigorous follow through. Many stocks post breakout have just gone sideways.

However there are some good setups for swing traders. 

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