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Passionate about the markets and Technical Analysis. The learning never stops!

Sunday, February 11, 2018

A Look at S&P and Crude


The US market (Dow Jones, S&P and Nasdaq) have been seeing some buying coming in on Friday night and it looks like we could be heading for some rebound next.  However, whether this is the final low remains to be seen.

A more concrete confirmation that a low has been in place is when either Scenario A or B (as illustrated in the chart below) happens.



S&P


Crude Oil - bottoming yet?
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