Chart Reading

Price Action is Bullish for Stocks, but Macro is Weakening

This is a Guest Post by Troy Bombardia of BullMarkets.co.   Market outlook: price action is bullish for stocks, but macro is weakening The S&P’s nonstop rally continues. Since the S&P broke out above its 200 day moving average, a lot of standard trend followers are coming off the sidelines. The stock market’s price action

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