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Daily Archives: February 9, 2017

Trend changing bearish signal

Time-tested technical reason stock indices did not collapse yet

I would like to offer one time-tested technical reason why stock indices did not repeat Jan 2016’s global crash like any investors feared last month. By setting up a single moving average line, I make some observations of previous price action for S&P500, Straits Times Index, NASDAQ 100 and NZX 50.

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