Technical Tuesday - October 8, 2019 - Equities
Although we had some recent short-term buy and sell signals in the S&P 500, we have yet to see any buy signals based on the important intermediate-term time frame. The sell signals we have been talking about in recent weeks remain in effect. The Dow Utilities and Nikkei remain favorable, while China's Shanghai Composite is close to generate a sell.
We are on alert for any buy signal in the days and weeks to come.
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