March 25, 2014 — Slight Gains Follow Two Declines

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Prices recovered after two declines, and considering the increases of four days ago, the market pattern of ‘One Gain, After Two Declines, After One Gain’ looks good. This combination occurs just about as often when prices are moving higher as when they decline.

The frequency is also equal at market bottoms as at market tops.

Accordingly, today’s pattern provides little information about the future range of prices.

DJIA .56 percent
NASDAQ .19 percent
S&P500 .44 percent
c max moszer

This entry was posted on Tuesday, March 25th, 2014 at 12 042014000000Tue, 25 Mar 2014 16:00:22 +0000 and is filed under Market Report. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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