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S&P 500, NASDAQ & Dow Jones Industrial Average trade flat for the week
Push higher fueled by defensive sectors: Health Care, Staples, & Utilities gain most High-yield junk bonds close at fresh all-time highs confirming bullish posture for stocks Bonds trade flat for the week | Treasuries are still an enigma US Dollar has an unusual 6th consecutive loosing week in a row | EURUSD could be getting ready to head lower | Japanese Yen has a good week | Is Canadian dollar headed higher? Outside reversal in gold is negated for now | Gold Miners market breadth is improving | GDX has a weird price spike Future of gold and GDX is in the hands of the US Dollar Oil gains for the week, but still short of a decisive breakout | Energy ETF (XLE) with more bearish divergences Natural gas still correcting within a bigger uptrend Many charts mentioned in this video are located here: stockcharts.com/public/1229503 |
Watch this video on YouTube here: youtu.be/siJ0-LuLizw
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