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All three moving averages have turned down with bearish crossovers being completed signifying downward continued pressure. Spot the trend lines drawn on all three indicators can not be bested near the end of the triangle pattern which will have tipped us to a potential downward move which was followed thru. The indicators remain bearish but are very oversold, but markets can remain like this for quite a while. Indicators cannot be relied upon for everything but showing potential. Market is always right and after this one settles down it will show an excellent buying chances to make lots of money.
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