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Friday's Update

Friday, October 24th. - Stock Trends, Charts, and Commentary
                                         (***If you see last week's Wednesday Update: Click Here)

Update on Institutional Investor activity ...

Today's updated Institutional chart shows you the action of their "core holdings" since this past April.

The not so good news is that the value of the Institutional "core holdings" have breached its rising channel so serious damage has been done.

Yesterday, marked the sixth day of up movement which finally hit the 10557.61 resistance level.   During the day, the Institutional "core holdings" did rise above its resistance and then pulled back below that level at the close. 

A lot of Inflowing Liquidity came in yesterday.  What is most important is that it was trending higher, so the net bias in the market is positive even though conditions are more mixed than anything.

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