Coolhand's Market Analysis

True to current form, the market's upside tenacity put the hurt on the bears once again as the market shook off early weakness quickly and rallied into the close for some moderate gains. Even as yesterday's Seven Sentinels sell signal is foretelling intermediate term weakness, sentiment continues to be generally supportive of higher prices. But nothing is a given in the stock market. The sell signal issued yesterday should be taken as a warning, even if it turns out to be an early one.
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