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Jim Wyckoff

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U.S. Stock Indexes All Bulled Up; More Upside Likely

November 6, 2019 by Jim Wyckoff

The U.S. stock market bulls are on a roll as the major indexes this week hit contract and record highs and continue to see prices trend higher. The Nasdaq and S&P e-mini futures markets have recently seen bullish upside “breakouts” from sideways trading ranges at higher levels on the daily bar charts. This suggests another solid leg up in prices in the coming weeks, or longer. There are no early technical clues the U.S. stock indexes will peak out anytime soon. Remember, “the trend is your friend” in trading markets. Stay tuned!–Jim

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

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There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

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