Cusick’s Corner 09-19-2012
The move in Crude, USO, is bucking the trend in the equities, i.e. SPY, XLY, XLF, QQQ, and seems to have many equity bulls a bit more cautious at these resistance levels. This does not mean that there are not some set ups that could be shaping up in the near future, there just needs to be momentum built up after a healthy pullback and hold at support. But I cannot shake off the action in Crude; this went from a fat figure incident a few days ago to an ugly market that … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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