Technical Analysis

Higher earnings (and all the other stuff) has the stocks worried at the start. Higher average earnings may start to raise company costs. Trade tensions (is the China shoe going to drop? Japan? Nafta?) Tesla/Musk?  Yikes. Yields higher. It has the stocks worried again. The Dow is down -104 points or -0.40% The S&P is
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Cluster of resistance ahead The USDJPY is moving to new session highs and in the process are moving toward the 100 and 200 hour MA and 61.8% of the range this week. A broken trend line is also up ahead. That area comes in at 111.19-23.  Sellers (longs/traders looking for a correction) should lean against
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