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Monday, August 10, 2015

SPX: No "Free" Market Here

SPX: 2015 has been the most "muted" market (and probably most hated for momentum players) in the past 5 years -- RSI has not hit either 70 or 30 this year -- someone's got this market "muzzled," so no "free" market here.


UPDATE August 12:

Market still locked up tight...thanks to world Central Banks' currency wars...