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It's interesting that Pring Bottom Fisher began rolling over on Friday after rallying for weeks. Pring Bottom Fisher can precede market moves by a few weeks. This is an early warning of market tops, indicating the bullishness on the charts below may be short lived.
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Financelot
Financelot
The McClellan Summation Index is looking very similar to 2024. On Friday we also saw upward movement on S&P percent above 50 day and the Nasdaq 50 day / 200 day. Markets appear to be setting up for some kind-of bounce, but for how long?
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