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Chart confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops. Chart confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops.
A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. Chart is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops. Chart is showing some near term rallying power.