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David Reavill

David Reavill

News:News Commentary

Two Thirds Of All Stocks Are Still Below Their 50 DMA.

Two Thirds Of All Stocks Are Still Below Their 50 DMA.

2021-09-22
Download

What concerns me from a technical standpoint, and what indicates just how powerful Monday's decline was, is that it knocked so many stocks below their 50-day moving average. And they still remain there.

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