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Scott Schlegel’s Stock Market Indicators – 7/14/2019

14 July 2019
Ultra short term is neutral.
Short term is neutral and strongly disagreeing from the S&P’s highs.
Medium term is slightly overbought. Significantly lagging previous peaks.
Long term is neutral and still flirting with rolling over or going flat and then up.

The first half of July’s strong seasonal performance is now behind us. My indicators don’t show a great buying point in any time frame.

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