Is the Market Over the Hump?

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S&P 500 Notícia

Ishares 20+ Year Treasury Bond ETF,Ishares Transportation Average ETF,MP Materials Corp

Stocks Analysis by Michele Schneider covering: S&P 500, iShares 20+ Year Treasury Bond ETF, iShares Transportation Average ETF, MP Materials Corp. Read Michele Schneider's latest article on Investing.com

Then, I pointed out how the “inside” sectors were outperforming and perhaps suggesting things aren’t as bad in September as the media wants you to believe.While momentum remains in a bearish divergence, Real Motion shows that today’s move is consolidation. How the price reconciles, brings us back to the 50-DMA holding or not.

IYT while failing to clear the July 6-month calendar range high, did have an interesting candle pattern. Therefore, we will watch for a phase change should the price clear back above the 50-DMA .”Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.

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