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E-Mini S&P Stock Index Uptrend May Be “Rolling Over”

March 7, 2019 by Jim Wyckoff

See on the daily bar chart for the June S&P e-mini stock index futures that prices are still in an uptrend, but that uptrend could be “rolling over” and dying. See at the bottom of the chart that the Moving Average Convergence Divergence (MACD) index has recently produced a bearish line crossover signal for the first time since December. U.S. stock index bulls need to step up and show some power very soon or the price uptred will be negated. Stay tuned!

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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