Report: AIG in talks for unit sale to MetLife (Yahoo Finance)
Alcoa Swings to a Loss Amid Sales Decline (WSJ)
OPEC Says It Will Take Five Years For Oil Demand To Recover To Pre-Recession Levels (BloggingStocks)
Blah, blah, blah… Using the wonderful Fibonacci tool, I decided to see what the three major indices were trying to tell us. Obviously, they do know how to communicate well because we still see no clear direction.
Below are charts of the big three: Nasdaq, S&P, and Dow:
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