Afternoon Update

Coming into this week I was looking for an oversold bounce in a fairly narrow window before the mid-December FOMC. So far the Dow, S&P and Small Caps have moved their minor/short term price trends out of the downtrend column and into transitional. NASDAQ-100 hasn’t done that yet. SP-500 +1.3%, Dow +2%, NASDAQ-100 +0.85%, Small…

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