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Dr_Roboto
May 12, 2020 12:00 AM
S&P 500 Advance-Decline pattern - 5% pullback Tues-Wed
USI:ADD
15
NYSE $ADV MINUS $DECL
USI
Description
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May 12, 2020 12:00 AM
The pattern over the last month is very clear in the AD analysis. I marked the 3 locations that show the exact same pattern. This pattern gave us the last 2 pullbacks. Hard to see why it would not happen again tomorrow.
Trend Analysis
SPX (S&P 500 Index)
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