Following are custom market breadth charts for Dow, S&P500 and Nasdaq 100. All 3 indices have built up significant breadth overbought conditions in their 5-Day New Highs ...
Lawrence's Comment
Recap
Bearish expectation worked out for Aussie. Rising wedge breakdown led to selloff down to target Y-5 and below. Closed the week below Y-5 and near week low.
Outlook
Weaknesses ...
S&P 500 Jan 04 to Jan 08 Outlook
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