Weekly MOTR Report (WMR): “Short-term Risk Gauge Attains ‘Risk On'”

Another strong performance by stocks pulled the “Spray” and “Ripple” timeframes of the Risk Gauge one notch higher last week, with “Spray” attaining “Risk On”.
Continued marginal improvement such as this will give the S&P a fair shot at overcoming what is still rather formidable resistance in. . .

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