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A ‘tired’ stock market is a reason for caution, says chart watcher

William Watts
A ‘tired’ stock market is a reason for caution, says chart watcher

Do stock-market bulls need a timeout? One chart watcher argues that the rally that’s seen the S&P 500 roar back from the verge of a bear market to the cusp of its all-time highs has left the stock market looking tired.