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Mostly Bullish Consolidation

BY JEFF PIETSCH | SEPTEMBER 15, 2011 | 1:43 PM | 0 COMMENTS

Looks like price is breaking the midpoint of its multi-week upward channel. Internals are largely positive, but tick has kept a slight lid on a breakout above yesterday’s highs for now. Maybe interesting to initiate short soon, but I’d wait for confirmation, path of least resistance is higher.



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