Dominate Your Market
by Jim Wyckoff
It’s been an important trading week for the U.S. stock indexes. The S&P 500 and Nasdaq have seen five-week-old price downtrends on the daily bar charts negated and the indexes could post technically bullish weekly high closes on Friday. The bulls have gained strength and have momentum to suggest more price gains in the near term. It could be that the stock market is now past the worst of what historically can be the turbulent month of October. Stay tuned!
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