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SPY Trends and Influencers – September 18, 2011

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Last week’s review of the macro market indicators looked for the week to be positive for US Treasuries ($TLT) and the US Dollar Index ($UUP). Gold ($GLD) looked biased higher and Crude Oil ($USO) lower, but both could also continue in the respective bull and bear flags. The Shanghai Composite ($SSEC) and Emerging Markets ($EEM) continued to favor the downside.…

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