Friday, September 04, 2009

S&P 500 Weekly Update for September 4, 2009

The bullish trend continues as the 15-Week EMA exceeds the 40-Week EMA. See the following chart. I will implement the second 25% purchase of SPY on Tuesday's close. After the purchase, I will have committed 50% to this investment strategy. I will update the price on Tuesday evening.

Note: To enlarge the chart, double-click inside of it.

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