Weekly MOTR Report (WMR): “The Tension between the Bulls & Bears is Palpable”

Last week, we discussed the strong short-term improvement in the market’s underlying breadth, a critical development in our “Check List of Trend Change”. History tells us that we should not ignore such improvements, particularly after a 20% decline. Every bear market since 1950 has been terminated by such strong breadth, with very few false signals. We concluded last week that the onus was on the. . .

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