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  • Markets Showing Signs of (Some) Bullish Divergence [View article]
    Well, so much for the SPX holding.

    However, I agree on the positive divergences and would point to many of the most beaten down stocks on the most beaten down indices as having significant positive MACD divergences vs their October lows. These could have violent snapback rallies once an intermediate term bottom is in place. I would stay away from financials however, notwithstanding the above noted divergences.
    Nov 21 11:00 am |Rating: 0 0
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