Markets ended Friday with modest losses, and both the Nasdaq and S&P 500 lost ground for the second consecutive week. Volume in those down weeks has perked up raising some antennas. However we must remember that the S&p 500 is only 2.3% off its 52 week high (which is also almost 5 year highs), and the Nasdaq just 2.5% off its, which is more than decade old highs. Pullbacks to the 10 week MA for those indexes, would be a Read the Rest…

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