Weekly Outlook: August 23, 2010
Fertile M&A activity was no match for deepening recovery concerns last week as bears continue to control the tape below key supports. For the five day period the SP-500 ( SPY ) is off -0.70% as a weekly right and bearish shoulder takes further shape. THE WEEKLY NUTSHELL Modest Monday for Bulls. Bulls manage flat closing performance in reversal hammer pattern. Disappointing results from Lowes …

Read more on Optionetics.com via Yahoo! Finance