Arthur Hill: SPY TRACES OUT POSSIBLE BROADENING FORMATION – BONDS CLOSE STRONG – CONSUMER DISCRETIONARY SPDR CONTINUES TO LEAD – FINANCE SECTOR SPDR HOLDS BREAKOUT – SCHWAB AND MORGAN STANLEY SURGE – REGIONAL BANK ETF BREAKS RESISTANCE

[[http://stockcharts.com/members/videos/20090730-1/|Link for today’s video.]] The major index ETFs have remained overbought for two weeks now. Charts 1, 2 and 3 show the **S&P 500 ETF (SPY), Nasdaq...

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