Market Analysis for The Week of 11/9
Sellers Make a Statement
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Sellers accomplished something this past week that they have not since coming off the April low, and it should not be ignored. We saw an incredible rally into the close on Friday that might appear bullish, but is it? Perhaps we get some news of a resolution to the shutdown and rip to the heavens, but I believe the signal from last week may need to be carried forward regardless. And no, I’m not referring to the Hindenburg Omen.
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