The market rally slowed on Friday. Some signs point to a continuation of an intermediate term up phase; others point to a short term pullback. Either way the market faces formidable resistance, both near Friday’s closing levels, and if that’s surpassed in the 795-800 area on the SPX. Click here to download complete report in…
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Market Reacts To The Obvious – Professional Edition
by Lee Adler • • 0 Comments
The double bottom on the SPX with the November low sticks out like a sore thumb, so of course everybody bought it, including nervous shorts, especially those late to the game. It was an impressive rally, reversing yesterday’s loss, but was it a bottom? Click here to download complete report in pdf format (Professional Edition…
