PRE-MARKET
Model reading as of end of day:
The previous swing high has held as a resistance level, with the market retreating sharply from this range. My previous communication highlighted the technical trend rating as high bullish momentum (approaching overbought).
Currently trading below the rising 50-day EMA
Currently trading below the rising 75-day EMA
Currently trading just above the rising 21-week EMA
Lester Davids
Analyst: Unum Capital
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