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Scott Schlegel’s Stock Market Indicators – September 26th, 2019

26 September 2019
The Ultra Short Term Indicator is currently showing neutral levels.
My short term indicator is nearly oversold. Its decline has been fairly controlled.
Medium term is overbought and is currently declining.
Long term indicator finally made it back to neutral after this nine month rally. this is a lagging indicator and the lack of breadth on this rally should be slightly concerning.

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