Nice rejection rejection bar weekly SP500 but I did not take it. I might be wrong (usually) but it doesn't look like it will test the top and that could be a potential right shoulder on the HS formation. The recent sell down in our markets has highlighted a lot of attractive valuation in all sectors but one must not take things for granted. I was eyeing CBA CWN BHP RIO STO WPL WOW for starters amongst the largest on the index! I haven't started looking at gold stocks yet! LOL
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Neil Goodman, MD
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