Markets finished mixed for the week Friday with the S&P 500 closed up marginally, and the Nasdaq down more than 1%. The S&P 500 looks technically more sound as it has lost ground in 6 of the last 12 weeks, compared to the Nasdaq’s 9. The benchmark closed right at its 50 day SMA, and a push above that could give way to a possible double bottom set up, with a move above 1434, being very bullish. The Nasdaq has Read the Rest…
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Douglas J Busch