| Market Outlook | |
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NEGATIVE |
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.Bias |
NEGATIVE |
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.BLI |
NEUTRAL |
| Extended Forecast | |
| STOCK MARKET OUTLOOK |
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NEGATIVE Negative indicates the U.S. stock market is forecasted to continue moving lower; making lower lows and lower highs; testing support/ resistance levels; selling into up ticks and rallies; rallies in oversold market can be expected. Forecast was change on August 24, 2010 Forecast was previously changed on July 27, 2010
The Market Barometer Forecast is a product of the models that run at particular times of the day, like pre-open, open, post open, etc. The Forecast can be positive, caution, or negative. |
CHALKBOARD Wednesday, September 1, 2010, 9:55p ET Oversold condition inspires buyers to bid shares higher- can it last past one or two days? Probably not. Data indicates that this is an oversold rally- could go on for a couple more days. |
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NEUTRAL Neutral Leading Indicator is the position between positive and negative; home position; model data distortion-value is negative positive equal. Leading Indicator was change on August 18, 2010 Leading Indicator was previously changed on July 22, 2010 Market Barometer Leading Indicator is a product of the models that run at particular times of the day. midday, pre close, and post close are some of the scheduled run times. The Leading Indicator can be positive, neutral, or negative. |
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NEGATIVE Negative Bias indicates conditions continue to worsen with the probability of further downgrades. Bias was change on August 20, 2010 Forecast Bias was previously changed on August 12, 2010 The Forecast Bias is a product of the models that can run at any time deemed necessary. Big news event or political happening are times that models can and do run. The Forecast Bias can be positive, neutral, or negative. |
Remember!!! Forecasts are only good for the fundamentals of the market; news can change the direction of the market; forecasting cannot predict events with 100% certainty. |
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