MantasJanusaitis

Is the NYSE changing its rhetoric?

TVC:NYA   NYSE Composite Index
The one-week chart shows a strong resistance level that failed to break 4 times. Now in its fifth attempts, which may be equally unsuccessful. The NYSE has encountered a strong level of resistance, as well as simple and hidden divergence. This does not mean that the index will fall, perhaps it is just temporary stop. A clearer picture of the trend is visible over the next week or two.

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