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Index Charts – 021710

by Online Stock Trading on February 17, 2010

This market has had a nice bounce.  Time to look for it to stall here as major indexes near resistance points.

The semiconductor index is hitting the 50dma after a 7 day surge to the upside.

The XAU is coming into pivot resistance and the 50dma.

Small caps and the RUT have had a nice bounce to just above the 50dma.

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