The market had a bad day today and it is barely hanging to its now weakened bullish bias. In fact, the lower high made yesterday is showing signs of a top. So unless we see a convincing rally that is able to clear resistance, we will see lower lows in the next week or two. It would be good to see a rally to new highs but it is time for caution as the market is showing signs of stalled momentum.
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Short Term Trend = Bullish trend being challenged
Medium Term Trend = Bullish
Long Term Trend = Bullish