The Fact That The WMT Lead Indicator is Lagging Badly Right Now Jives With SPX Putting in an Important Cycle High Soon
The fact that the broad market WMT (Walmart) Lead Indicator is lagging badly right now jives with SPX (S & P 500, http://bit.ly/i0nsT) putting in an important cycle high soon, see the five day intraday WMT Lead Indicator chart at http://bit.ly/4t6GS9.
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Follow me on Twitter, see http://twitter.com/tradethecycles.
.......http://www.JoeFRocks.com/
posted by Joe Ferrazzano at
3:34 PM
1 Comments:
Massive Quantitative Easing in recent months, liquidity injected into financial system, accounts for market strength recently.
By
Joe Ferrazzano, at 7:55 PM
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