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Strategies & Market Trends : Underexposed Technical Analysis

AQN 6.620

+2.0%

Feb 10 3:59 PM EST

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Trumptown

From: Underexposed	3/23/2017 2:47:48 PM
	1 Recommendation of 914

Well I feel a bit vindicated in my view of the American indexes DJIA, SPX and RUT Here are their charts as of 12:30MST We are pulling back though it must be said that the bearish drop may not be over.... we are still sitting with a BBWidth is weakly rising but a breakout needs a dramatic positive move and the rest of the indicators are sharply down still. this is the index with the most dramatic pullback. Note how the BBwidth has hardly budged . The Slo Sto has to turn around and get out of the mud and the MACD looks flat now but both need to reverse direction to be safe the BBwidth looks to be reversing direction ... it did something like this back in the end of January... that was a bullish head fake... is this a bearish head fake... we shall see. A few more days will confirm the issues one way or another.... I am not confident that bear drop is over but I feel better about things now :)

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