mbslack1

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mbslack1 mbslack1 SPX500, D, 2 years ago
SPX500: Daily reversals
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SPX500, D
Daily reversals
Simple reversals amid convergence of trend lines (trend lines getting closer together) often provide short term buy and sell signals. Not depicted, but evident, is the loss of momentum on rallies, lack of market breadth on rallies. Fundamental micro does not support this market going higher so "bad data" can ...
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