March 6, 2016
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Completed Double Bottom
S&P 500
In our recent analysis, we saw Dow Jones Industrial Average is in the mode of changing direction; double bottom. See previous posting for details. If you will look at the S&P 500 chart, it had made the double bottom. Picture worth a thousand words. See chart for more.
MACD is showing weakness; potentially the price may be changing direction. There are chart pattern on MACD too. Check it out!
Moses US Stocks Analysis and Scan
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