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Will This Turn Out to be Bad News?

No indexes are above their recent highs now. If you look at today's chart, the Institutional Index, the NYA Index, the SPY, the NDX, and the IWM were ALL below their recent highs.

If we can't resume the up trending, that could be really bad news so please be cautious.

SPY, NYA, NDX and IWM Index Charts

 

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