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Last week, the S&P 500 added 1%, and the Nasdaq added 3.3%. However, all is not technically as well as it might appear on the surface!
Technically, diverging and non-confirming on Friday were the DJI (-0.6%) and the Dow Transportation (TRAN) (-0.57%) indexes. Old-school basic interpretation is that the TRAN https://thetechtrader.com/year-end-market-divergences-2024/
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