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Breakdown blue line would be 1-2-3 Formation breakdown, the pattern is too small to be a real threat to bulls though even it does breakdown.
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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
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My summation signal is up.
My composite trend signal is up.
My summation signal is hyper extended for the second time in the last few days.
My long set ups require a pullback and would be subject to tight stops given hyper-extended overbought condition.
I am probably out of business on this trend, but let's see how things go.
My summation signal is up.
My composite trend signal is up.
My summation signal is hyper extended for the second time in the last few days.
My long set ups require a pullback and would be subject to tight stops given hyper-extended overbought condition.
I am probably out of business on this trend, but let's see how things go.
It’s pretty dispersed, plus spy is market-cap weighted while the dow is price-weighted
This chart represents only about 17% of spy
What is pushing spy up?
One month %
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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