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Scott Schlegel’s Stock Market Indicators – May 2nd, 2019

02 May 2019
Slightly below neutral. Normal level for a rising market.
Neutral with some indecisiveness. This could lead to a big break either way.
The little recent lip and potential up turn could indicate some strength. The recent declining peaks is indicative of a thinning bull market however. Kind of in a wait and see on this one.
Long term has made a V shape recovery to neutral.

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