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WALL STREET CRAPS STOCK MARKET STRATEGY JULY 22, 2019

July 21st, 2019 Comments off

craps front coverSTOCK MARKET STRATEGY FOR JUNE 15, 2019: The stock market is still hovering close to its all-time highs, but has undergone some internal corrections of late. Both McClellan Oscillators are giving “oversold” readings with the Volatility Indicator within a day of reaching a similar “oversold” level. This usually means that the dip here is yet another buying opportunity over the short term.

Key underlying short-term timing indicators show the following:

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THE BOTTOM LINE: The stock market may easily be in a “buy the dip” situation. Another day of weakness, would make this an even better opportunity for those willing to play the shorter-term game. I wouldn’t be surprised if this choppiness were to continue until the end of the month, too.