Dominate Your Market
by Jim Wyckoff
See on the daily bar chart for the June S&P 500 futures that a price uptrend was recently negated and prices last Friday hit a four-week low. Prices are now in a fledgling downtrend. The bulls have lost their near-term technical advantage and the bears have gained downside momentum to suggest some more selling pressure in the near term. Stay tuned! Jim Wyckoff
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