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This market can wear you out. This much I can tell you. The phase is strong warning. The number of stocks and ETFs that are in a bullish phase have decreased significantly. Bear phase stocks have already been beaten to …
That and a top down approach in the indexes
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It is very possible a short term bottom is in place. Many slingshot patterns have emerged with the volatility index (measurement of sentiment and fear) indicating a short-term buy on Monday.
S&P 500 (SPY) Troubling even after a new short …
I show you a couple of swing trades on list that touched key moving averages
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If there were ever a time to preach the importance of a trading plan, it's now. Unless you have been committed to the short side, as a potential buyer looking for signs of a bottom, no day last week remotely …
The market gave lots of warning signs that this was coming, so too will it tell us that the worst is behind us. With Russell 2000 (IWM) at the 200 DMA in a dramatic end of day drop, with RSI's …
Like in Pandora, we will know when it happens
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Once again, biggest clue Wednesday, just like Tuesday, was that S&P 500 (SPY) could not clear previous day high. Nor could DIA, QQQ or IWM. So market may be oversold, but the scenarios I have laid out for watching for …