By Peter Stoneham — Nov 17 - 01:55 AM
Indecision creeping into the bear market and our 1.2482 short at risk
A Doji candle Thursday, long upper and lower shadows, a concern
Fourteen day momentum remains negative, adding to upside risk
Daily cloud top and 50DMA on top, 1.2428-1.2444
Weekly has long upper shadow but still a strong bull candle
May have seen the low but will run our short to stop
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Source:
Refinitiv IFR Research/Market Commentary