AllTechnical Analysis
Argus•January 18, 2024
Argus•January 18, 2024Technical Assessment: Neutral in the Intermediate-Term
Intermediate Term
Long Term
Summary
The major stock indices remain stuck in fairly narrow ranges, while the rest of the market has been pretty weak in 2024. That weakness actually started in mid-December, and the daily NYSE advance/decline line has been in a downtrend channel for a month. However, we have not seen nearly enough price weakness from the S&P 500 (SPX), Nas
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