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WEEKEND UPDATE : 7/26/2014

S&P 100 Stocks Above 200-Day Average (INDEX:S1TH)  
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INDEX:S1TH   S&P 100 Stocks Above 200-Day Average
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The S1TH index declined more then 10 % this week , going from 93 % to 83.16%. We got strong earning reports from AAPL, FB, but got mix results from MSFT and CAT. The S1TH remains above the 65 % , at 83 % , and only 2 of 3 supportive indicators are positive (RSI is below 50 ) , so this market is still "tradealble"

cheers

Algo

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