King Of The Trendlines
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There’s no doubt about it. The broken trendline in the S&P 500, dating back a full ten months, is the crucial dividing line for the markets. It held fast all day on Friday, in spite of multiple attempts to bust it.
The longer view:
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
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Probably the interests rate expectations has something to do in this matter.