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Market Outlook for Second January Week: Jan 11 – 15 | The Steady Trader

After a lousy first 2016 week of trading for risk assets, particularly equities, many indices and single name stocks increasingly look to be oversold on a near-term basis. As long as the bears don’t capitulate however and this is not reflected by washout price action, buying the ‘dip’ needs to wait.

Watch the video for where a bounce could result from and where stocks may again find resistance.

 

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