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Wednesday, December 9, 2015

JNK v SPX whatch out below


I keep going on about this JNK v SPX chart but it is absolutely critical to see what is going on here. I am seeing a lot of things that I just can't make any sense of. I expect we will get the answer next week. I am just watching how things play out very carefully. Junk had a big gap down on huge volume. Have to see if it lifts off oversold below 20 RSI.


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