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Market Update 08 April 2017

Sunday, April 9, 2017 22:09
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(Before It's News)

Written by Lance Roberts, Clarity Financial

This past week continues to show the underlying resilience of the current bull market. Despite weaker economic data, a surprise attack on Syria and continuing failures by Congress to move legislative mandates forward, the market, as shown below, continues to maintain its bullish bias. The short-term “sell signal,” as noted at the bottom of the chart, has kept new money from being allocated currently as it suggests further volatility in the week ahead.

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