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Thursday, March 10, 2011

CSX Daily Chart Rising Wedge Negative Divergence

CSX daily chart showing rising wedge and negative divergence. No where to go except down. Weekly chart is in negative divergence now as well hinting that railroads are rolling over. BRK/B serves as a railroad proxy and its charts are topping and rolling over also. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.

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