It is always a good idea to have a weak market “prove it” by waiting for signs of strength. During the waiting period, it is also a good idea to identify potential areas of support, which keeps our minds open to a reversal in stocks. Thus far, the market has proven very little, but [...]
Source: http://ciovaccocapital.com/wordpress/index.php/technical-analysis/markets-near-potential-support/
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