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During the day I tweet many times to my readers. I would like to quote one in particular in the afternoon;
We might have reached the bottom. Max. Downside another 10 handles in SPX, but I am not betting on it. If it was me, I would close all short.
May be SPX did make a triple bottom. Whatever it is, my algorithms and indicators are saying that we have a short term bottom. I was ready for SPX 1200 +/- 10 handles, and here we are.
Here are 5 stocks that are showing some promising signs of moving higher, despite the market moving lower this week. Going forward if this market gives us a bounce of any kind, stocks like those listed below that have bucked the trend and remained positive, should do very well.
Originally published on TheTechTrader.com.
