Weekly MOTR Report (WMR): “Crisis Averted?”

Although it took an uncomfortably long time to do so, the market has finally begun to display bottoming-like characteristics these past two weeks. There is still a lot of work to do in terms of firming up the leadership, and completing a proper market bottom, but for now, it would seem that the basing process has at least begun.

To the left, we can see that the very short-term timeframe (daily) of our. . .

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