By John Pisanchik
The Market ended the week on an uneventful note. The price swing on Friday was narrow, and that is indicating there is a lack of follow through to the upside at this point in time. Some of the other indicators are showing overbought conditions on the short term, so the market is vulnerable to a correction. This correction will not change the overall trend, which has been up, all be it, painfully slow. But a move downward could be in order now, or very soon. The market on Monday will give more clues to this. Happy Trading.



Filed under: Market Opinions

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