Markets continue to chop during this seasonally weak period and have made no progress over the past 30 days. Price patterns of the key US Equity indexes are holding up at key moving averages, but there are signs of stress that should not be ignored. Small Caps (Grandpa Russell: IWM) which represent the broadest measure of the US economy touched the lowest levels of a 7-month trading range, and was down almost 2% for the
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