The market fell for the 7th time in the last 8 days after the IMF lowered global economic outlook. The only outlier was Friday’s sneaky bounce. Still, the S&P fell only 0.2%, so Friday’s move still needs to be given credence. We continue to trade in an ascending channel, and bounced off that lower trendline on Friday. A strong earnings report from JP Morgan (JPM) helped inspire Friday’s…
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