Correction Completed?

12/15/2009 9:55 am EST


Thomas Aspray

, Professional Trader & Analyst

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The S&P 400 Mid-Cap Index closed at new rally highs on Monday, supporting the positive action of the A/D line and the transport stocks. The triangle has upside targets in the 785-800 area. The small-cap S&P 600 has also overcome first resistance, but is still below its October highs. The RS analysis for both is positive versus the S&P 500.

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