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Jim Wyckoff

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U.S. Stock Indexes to See More Choppy, Sideways Trading, Near Term

August 13, 2019 by Jim Wyckoff

The U.S. stock indexes have seen a solid sell off turn into a solid rebound and then turn into choppy trading just recently. The bulls and bears are now on a level overall near-term technical playing field. That suggests more sideways and choppy trading in the near term. One thing the stock index bears have working in their favor at present is the heightened geopolitical tensions that are prompting keener risk aversion. Stay tuned!–Jim

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

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