Securities Research Services

Monday, September 17, 2007

Bullish Technical Set Up

The market continues to trade in a solid holding pattern in front of tomorrow's Fed meeting. Sentiment levels remain at the overly bearish stage and technically the charts are extremely bullish here.

This is the right combination for a strong move higher into the autumn months.

Of course this could all change if the market doesn't like the Fed's decision. But right now, let's focus on the hand we are dealt and the hand we are dealt is very bullish.

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