INFINITY SQUARE

COMMENTARY FROM THE RIGHT ON ISSUES OF THE DAY... WORLD EVENTS, NATURAL DISASTERS, MARKET FORECASTS, POLITICS AND MORE.

Tuesday, August 01, 2006

Philly Bank Index (Fri. close 111.40)

It looks like the Philly Bank Index will attempt a double top in the 113 area on the short term. It simply refuses to roll over. The strong 200-Day Moving Average is not confirmed by my intermediate term math models. A flat intermediate term trading pattern?

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