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    Downside Hedge

    Commentary

    Tracking the Market with Social Media

    by Blair Jensen of Downside Hedge, 10/14/14
    The Trade Followers Momentum indicators for the S&P 500 Index (SPX) continue to confirm lower prices with a series of lower highs. After trying to bounce, SPX broke through the 1955 support level that has been important on the Twitter stream for several weeks. It closed Friday near the next major support level of 1905 with 7 day momentum painting a small positive divergence with price.
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