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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: ACAN who wrote (53894)11/30/2018 2:51:35 PM
From: Woody  Read Replies (1) | Respond to of 79327
 
AEO, looks ok to me but maybe wait till the close and see it it can close over 20.90 / 95 for a conformation. If you use a down trend line from the 10/31 high to the high of 11/08 it looks to be resistance .. fwiw.
Woody



To: ACAN who wrote (53894)11/30/2018 3:16:09 PM
From: Doug R  Read Replies (2) | Respond to of 79327
 
Logically, I'd say yes. Overall market tone-wise...makes it less so. A couple more things may have to occur to create legs for the market...possibly another step toward dovish by the Fed prompted by uncontrollable impediments to the growth outlook.
Standing by for now.


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