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03/09/17 - Stock Market Comments

The markets continue to demonstrate a lack of selling pressure. The past week of trading has revealed an indecisive pullback, implying profit-taking versus a reversal. Yesterday's hard selling in the Dow is being offset by a potential bullish Harami today that might be closing right at the T-line. The prognosis remains the same, as long as there is not a severe sell signal in the market indexes, the uptrend is likely still in progress.


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