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Technical Nuggets: Trump Rally Is Wounded But Not Quite Dead

Tuesday, March 14, 2017 22:17
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(Before It's News)

by Investing Daily, Investing Daily

Investing Daily Article of the Week

– this post authored by Joe Duarte

Fears of higher interest rates and more policy uncertainty from Washington DC gave traders the excuse they needed to sell stocks over the last two weeks. As bad as that may have felt, since its record close on March 1, 2017, the Standard & Poor’s 500 Large Cap index of stocks (SPX) had only dropped 1% by March. But things may change rapidly; the current technical picture is one of a market that is at a crucial decision point.

Read more …



Source: http://econintersect.com/pages/investing/investing.php?post=201703142349

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