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Showing posts from March, 2017

$DJIA break of uptrend line forecasting weakness?

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Time and again I have expected this stunning bull market to at least retrace some of its gains. Well, I'm still waiting. Now once again a trend-line break indicates a slow-down in stock appreciation. It would be foolish to expect anything meaningful of this. But as a trend follower I just try to follow what signals the market gives. So short-term sideways it is. Daily chart of $Dow