Yesterday’s pronounced weakness caused the percentage of S&P 500 (SPX) components above their 10-day moving averages to move from the high end of neutral to the lower end of neutral. There are no meaningful signals coming from our four key tactical indicators and you can see how we use these indicators here (https://dwyerstrategy.canaccordgenuity.com/a-brief-explanation-of-our-four-key-tactical-indicators/).
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