Oversold rallies are a common occurrence during bear markets. Holding most of yesterday’s gains may signal a swift in overall sentiment
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Pre-earnings run?
We may have the beginning of an active sequence, but until these three indices are healthy and above all moving averages I’ll not put my money at work.
Read moreInflation – the catalyst for the day
If the first mechanical move is up and it is confirmed by strong 30-60 minutes of trading I will put my capital to work, if not I will stay on the sides.
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