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Lack of momentum in the US stock market
US 100 Index
Long
Lack of momentum in the US stock market
By Ralphho
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Dec 12, 2019
4
News can drive up the stock market; we have seen this again today.
But in many cases its only temporary.
With the current negative divergence it yet looks very risky to have a major long position.
So bullish it is, but very tight stoploss and ready to turn if needed.
Chart Patterns
DJI
Technical Indicators
nasdaq
Wave Analysis
Ralphho
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