Are Negative Divergences Finally Taking A Toll?
A month or so ago we began warning of the rising risk our technical indicators (not shown) were indicating. We came off our October buy signal for our subscribers on February 13, when the Dow was at 12,874. The blue chips have held up, with the Dow closing yesterday at 12,962, 88 points or 0.7% higher than when we took our profits. But the rest of the market has not fared as well. [More...]
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