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streettalklive.com / Lance Roberts / 01 October 2015
This past week saw the markets retest its lows. So far, those lows have held for now but the deterioration in market internals suggests that the danger is not over as of yet. As I stated earlier this week:
“As you will notice, the reflexive rally, and subsequent failure, have tracked the original predictions very closely up to the point.
With the market once again very oversold on a short-term basis, it is likely that the markets could manage a weak rally attempt over the next few days. The good news is that such an attempt will provide individuals another opportunity to reduce portfolio risk accordingly.”
The post Weekend Reading: Capacious Cognitions appeared first on Silver For The People.