Friday ended with a real negative thud as the indices made a decisive downside thrust, perhaps breaking the back of the current trend. We’ll see what kind of downside follow-through we get.
Deron Wagner will go with the bullish trend while it lasts, but will keep his running shoes nearby, just in case he suddenly needs to sprint to the exit door
The stock market indices started the day with a strong upmove right from the get-go. After a brief pullback, they came on very strong, hit more new 2010 highs.
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