After just one week or 5 days of a bearish alert the stock market has recovered to confirm a new bullish alert. The last time our proprietary model experienced a change in market direction this quickly was 10/27/2016 after just 11 days. Being whipsawed in the stock market reminds us to not be locked in to one direction. Investors should not be alarmed if the stock market changes direction, just adjust. Successful investors do not fight the tape. The trend is your friend.
The last time this happened the new bullish alert continued higher for 39 weeks. There is no guarantee history will repeat itself but the stock market seems determined to move higher. Our proprietary model has turned BULLISH our recommendation is to go LONG the stock market at this time. The current closing numbers of the indexes for this recommendation are:
Stock Market Closing Numbers
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2/15/2018
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Dow
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25,200.37
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Nasdaq
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7,256.43
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S&P 500
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2,731.20
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Related Link: http://www.stockmarket-direction.com/
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