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Did The “Powell Put” Change Anything?
Article By: Lance Roberts
Saturday, December 1, 2018 5:29 PM EDT
The market did reach extremely oversold levels during the October/November correction which provided the necessary “fuel” for a short-term rally. However, the impending “resistance” from both the 50- and 200-dma will likely prove fairly formidable.
In this article: AEP, AXP, MDT, MMM, CMCSA, SPY, MDLZ, CDW, CHCT, GLD
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