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SPY Trends and Influencers September 4, 2011

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Last week’s review of the macro market indicators looked like the unofficial last week of Summer would bring Gold ($GLD) to bounce around in its uptrend while Crude Oil ($USO) slowed at resistance and turned lower. The US Dollar Index ($UUP) seemed content to move sideways while US Treasuries ($TLT) were biased lower. The Shanghai Composite ($SSEC) and Emerging Markets…

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