Markets Taking A Healthy Rest
From Short Takes
January 8, 2013 - 7:49am
Monday’s declines came as somewhat of a welcome sign. If stocks are to push higher in the weeks ahead, they need to pause and backfill in order to attract additional buying pressure.
Numerous intermediate-term indicators remain in the risk-on camp, including the Summation Index below. The McClellan Summation Index is a market breadth indicator [...]
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