Why the Stock Market is Pulling Back Here
This is a Guest Post by Troy Bombardia of BullMarkets.co The S&P 500 has made a 61.8% retracement and is now stalling. This is completely normal. Most 10%+ corrections have a 61.8% retracement and then a pullback or retest of the lows before heading higher. The economy’s fundamentals determine the stock market’s medium-long term outlook. […]
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