Share!Gold has cleared and now pulled back to trend resistance at 1114. If they manage to keep it above that, a bigger challenge awaits.
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Share!Cycle screening measures weakened on Wednesday. The aggregate indicator declined but stayed in the tight range it has been in since last week. The indicator won’t render a conclusive signal until it breaks out of that range decisively one way or the other
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Share!The SPX broke down from the triangle pattern in the morning only to recover to within the pattern by the close. What needs to happen next?
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Share!Gold is challenging longer term resistance at 1120 with a bigger challenge just above.
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Share!Cycle screening measures weakened on Tuesday. The aggregate indicator declined but stayed in the tight range it has been in since last week. The indicator won’t render a conclusive signal until it breaks out of that range decisively one way or the other. Most component measures were weaker, but 4 of the 6 new signal…
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Share!The SPX failed to break out of the triangle pattern as short term trend resistance held at 2105. At the same time, the bottom line of the triangle at roughly 2075 also held after a brief attack at midday. While punches have been landed, both boxers remain on their feet.
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Share!Bank loan growth suddenly slowed at the end of July. Was it just a blip or the beginning of the end? Get The Wall Street Examiner delivered to your inbox every day! Click to jump to signup form on right.
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