Re: Smells toppy, looking for a 10700ish top and drop. Made this call @ 10500 on Dec. 1, 09, it hit a high of 10729 before dropping 400 points to todays low (so far). All we've done so far is drop back to a 5 month uptrend line created by the lows of Aug, Sept, Oct, and Nov. This won't have the potential for a much needed correction until we can close below 10200 IMO.
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