Stock screens and broad market indicators are sending conflicting signals, so there’s no reason to expect a change in the status quo. Long term indicators remain bullish. Intermediate indicators are mixed and the screen data is weakening, but not by much. We’ve seen this before in the past four months, and the end result has always been the same. The market edges higher. For now, we are still looking at projections in the 1413-17 range in the short run, and possibly the 1450s looking out toward year end. Click here to download complete report in pdf format (Professional Edition Subscribers).
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