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The following are the list of ten ETFs with descending triangle formation during the past 30 trading days (from 02 of Nov 2010). These ETFs can appeal to value investors or could be a value trap. The broad economic indicators suggest mild bullish to mild bearish momentum in the market for the near future.

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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: 10 ETFs Taking a Deep Dip