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Will history repeat??? Get ready for a MELTDOWN!
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Percent of Stocks Above 50-Day Average
(
INDEX:MMFI
)
ZombieStar
Premium
INDEX:MMFI
Percent of Stocks Above 50-Day Average
Trend Analysis
Chart Patterns
Technical Indicators
Stocks
market
2
0
trendanalysis
chartpattern
indicator
stocks
market
Right now 60% of stocks in the market are above their 50 day moving averages. Is it a good time to buy? Take a look back at last year when less than 10% of the market was above the 50 day MA. There's definitely more selling ahead.
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