Tuesday, January 24, 2012

@AllAmerinvest Stock Futures Down Early, Chart

U.S. stock-index futures are slipping after a meeting of euro-area finance chiefs finished without making progress on a debt-swap deal for Greece.

All American Investor

The 40 day average (red line) has crossed the 200 day moving average (green line). This is a positive.

The 200 day moving average is still sloping down, so it is still time to be cautious.

Overall, the trend remains up.

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Original content Bob DeMarco, All American Investor