It looks like short term that the markets are going to be heading lower. Seems old news is now new news, so the debt ceiling and taxes are back on. I will be watching the charts closes again this week but just know that all CBL lines are currently safe as are all the 50 day moving averages. Trend lines are also safe. On the daily charts for us short term, monitoring everyday type personalities, we feel it is our mission to stay on top of these minute details. For all the Long Term investors out there, that most of should be, all the weekly charts say charge ahead. No worries for you. Remember, you can always go to www.cmarkdixon.com and click on those daily and weekly charts that are listed on the left hand side of my page and get up to the minute updates on where the indexes stand.
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