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Scott Schlegel’s Stock Market Indicators – 9/20/2018

20 September 2018

Medium term is oddly neutral while the major indexes march higher. Today a lot of the weakest stocks finally rallied strongly. This is usually an indicator of a soon reversal of trend. Although this could reach a fever and march on a bit further before a fall.

Short term also neutral.

Ultra short term reaching slightly overbought.

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