S&P Correction Over?

07/14/2009 9:38 am EST


Thomas Aspray

, Professional Trader & Analyst

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Stocks put in an impressive performance on Monday and the McClellan Oscillator has turned up from -200 after forming a positive divergence. The bearish consensus was building late last week, so stronger support may not be tested. A move in the Oscillator above the zero line would be positive, so watch the A/D numbers.

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