US Markets - Thoughts on Nasdaq Composite
publication date: Jan 6, 2019
Holding the recent low will be key to signal a sustainable rally is at hand. Most U.S. sectors at at a MFU-3 or MUF-4 target level which is very good for the bulls, if there are any. Many internals stats suggest we have hit an extreme oversold level and this could very well be the ninth inning of a low forming, and the start of the first inning of more positive things to come. We will have our global sector piece out soon with suggested areas to get long.
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