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The coal, steel, nat-gas, and mining stocks got crushed about 2 hours ago as the dollar rallied over Greece. These stocks have some very BEARISH reversal patterns and look like they will stay under pressure.Remember, this group has been a KEY LEADER over the past 2 months!
Look at the degrading internals at today's triple peak at ES 1175-ish -- the number of NYSE adv-dec issues decreased by 200 from the 1st peak to the 3rd peak.
The degrading internals also showed up in the indices:$SPX -0.17% vs $SPXEW (unweighted) -0.47%.
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