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    Posted August 21, 2013 by
    ronjaenisch

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    S&P Reverses at Andrews ORE Indicator

     
    Most investors noticed that yesterday the blue 50 bar moving average crossed over the red 200 bar moving average, a bearish signal for them.

    Today prices went down, to an Andrews ORE indicator and reversed.

    The ORE indicator was written about by Dr. Alan Hall Andrews in his writings in 1974. It is well known for finding reversal points.

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