Investing.com's sometimes-popular author/analyst provides commentary and chart analysis using
Elliott Wave Theory, classic TA, and frequent doses of sarcasm.
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Wednesday, February 6, 2019
SPX and INDU Updates
Last update noted we might be approaching an inflection zone, but that the trend remains up unless and until bears forced a breakdown of the defined uptrend channel. So far, no breakdown, and the market has meandered higher.
A bit closer view:
INDU has a similar appearance:
In conclusion, there's still nothing much to add, which is, of course, the way bulls like things during an uptrend. Trade safe.
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