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S&P 500 chart
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CAUTION
Caution indicates a
neutral stance on the stock market; stocks could be up one day down
the next; trading range.
Forecast was change on July 27, 2010
Forecast was previously changed on July 1, 2010
Extended Forecast
The Market Barometer
Forecast is a product of the models that run at particular times of the day,
like pre-open, open, post open, etc. The Forecast can be positive,
caution, or negative.
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CHALKBOARD
Tuesday, July 27, 2010,
2:48p ET
The forecast changed to caution from negative.
Model data continues to
indicate foundation-building underway.
But does that quash the
fear of the market dropping further? No. |

Barometer Chart:
market study
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POSITIVE
A positive
Barometer Leading
Indicator (BLI) suggests that a more sustainable positive U.S. stock market; support/ resistance levels are being tested with
neutral
results; conditions continue to improve causing the model data
to boast.
Leading Indicator was change on July 22, 2010
Leading Indicator was previously changed on July
13, 2010
Market Barometer
Leading Indicator is a product of the models that run at particular times of
the day. midday, pre close, and post close are some of the scheduled
run times. The
Leading Indicator can be positive, neutral, or negative.
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POSITIVE
A Positive Bias indicates
conditions continue to improve with the probability of further upgrades.
Bias was change on July 23, 2010
Forecast Bias was previously changed on July 21,
2010
The Forecast Bias is a product
of the models that can run at any time deemed necessary. Big news
event or political happening are times that models can and do run. The
Forecast Bias can be positive, neutral, or negative. |
Remember!!! Forecasts are only
good for the fundamentals of the market; news can change the direction
of the market; forecasting cannot predict events with 100% certainty. |