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Tuesday
Feb022010

S&P 500 and Nasdaq Break Above Intraday Downtrends

DateTuesday, February 2, 2010 at 06:32PM

With Tuesday's rally, both the S&P 500 and Nasdaq have broken above their intraday downtrends that have been in place since their January highs.  While the bulls would love to declare victory, there is still a lot of work to do before either of these indices get back to their levels of two weeks ago.

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