It went much faster than I thought. I am now questioning if this market can stay positive through August. Such a violent upturn is bound to be punished.
But I'll reserve for a down move below SPX 1260 to call this market a down trend.
We may correct, and rally right back, we'll see.
But the US Treasury interest rates may be telling us something.
To the charts!
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| From WebSufinMurfs FinancialBlog2 |
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| From WebSufinMurfs FinancialBlog2 |
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| From WebSufinMurfs FinancialBlog2 |
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| From WebSufinMurfs FinancialBlog2 |
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