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Midcap 400 Idx

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jangseohee jangseohee MID, D,
MID: S&P MidCap Twin Towers
43 0 4
MID, D
S&P MidCap Twin Towers

Like the rest of major indices in USA, midcap too has its fair share of "V" shape rebound. the 0.618 retracement level was rejected yesterday. If the projected channel holds true, the price would make another "Woosh" to break that channel top, failure to do that signifies chances the bears will be awaken. In a healthy uptrend, a correction should not be hitting ...

jangseohee jangseohee MID, M,
MID: Last puff still possible...
28 1 0
MID, M
Last puff still possible...

Using a log scale monthly chart of S&P Midcap 400 index, the green uptrend channel is extended all the way from the inception from 1992. This is a valid long long term uptrend. However, for the last 4 months ever since the price broke through 1400 psychological level, it wasn't able to make a gradual increment towards 1500. And the monthly closed showing that ...

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