This is a chart of the SPY and Buying Pressure. The SPY recently had been making lower lows, BUT, the Buying Pressure did not follow the same pattern. The Buying Pressure has now made a higher low.
If this pattern continues then it will fall in line with the short term cycles suggesting a low this week and a move up into late December and or early January.
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This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
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