11/12
Trend:
The market is moving SIDEWAYS➡️⚖️, with the bears holding a slight edge. But the bulls aren't out of the game just yet. Only 16% of stocks are showing a bull📈trend. Bullish investors appear uneasy, with murmurs of considering short positions. Only a small number of bearish patterns are being confirmed in today’s activity.
Money Flow:
The bulls hold a narrow advantage, with a fairly balanced flow of funds. Stocks in a bull📈trend account for 24% of the market. The bears seem unsettled, carefully observing the market for the right entry point.
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Michael Frank III
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11/12
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