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Scoop from TraderWise

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Weekly Market Commentary

http://feedproxy.google.com –

It was a week where bulls made the most daily headway, but the weekly picture offers a more bearish slant. Weekly market technicals all fell but momentum indicators still hold enough to stay on the bull side - just. The Nasdaq closed the week with a MACD trigger 'sell' but stochastics are comfortably overbought. The index also held 2,020 support.

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