A near-term technical signal of potential exhaustion in the latest leg higher in stocks.
A near-term technical signal: Tom Essaye, publisher of Sevens Report Research, Quoted in MarketWatch
Dow’s ‘lack of conviction’ at 40K is a troubling sign for stocks
Ultimately, they finished near their lows of the day. Tom Essaye, publisher of Sevens Report Research, described this turnaround as “a near-term technical signal of potential exhaustion in the latest leg higher in stocks.”
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