yauger

Is PG a proxy for the stock market ?

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BATS:PG   Procter & Gamble Company (The)
If so, the overall market can be choppy down for a little while then rally to new high while PG would not confirm it. In other word, PG would be ending an impulse wave down right now ( the TREND ) then would go up in a choppy rally ( Countertrend ) before resuming its decline which would coincide with the beginning a decline in the overall stock market.

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