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TAM's Pedagogics: April 5th, 2011

|Includes: SPDR S&P 500 Trust ETF (SPY)
Low Volume Spinning Top; this is what was left after the SPX’s fumbling Monday. As evident in the daily chart, there has yet to been resolve to confirmed direction with the light volume Bull-bounce. As the SPX pushes against the top, and given the steepness of the recent upward slope, this is soon to be resolved.

SPX Daily

Stay tuned.