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Bounce Back

All of my core market health indicator categories, with the exception of market quality, bounced back this week. With the upward momentum, the fears I had last week have been alleviated. Now, we’ve rallied to the 2300 level on the S&P 500 Index (SPX) that I mentioned last week as reistance. We want to see the ¬†indicators hold up as the market shows some weakness at resistance.

170127MarketHealth

 
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