Due to travel plans, there will not be an update to the TradeWinds momentum charts or Top 25 after the market close today. Our next update will be done this weekend for the market open on Monday.
We called for a little correction earlier this week after the nice run we have had, so today's action is not a surprise. Our improving momentum numbers should put a floor on this down action. Our expectation is that this is just a reloading for another run at the 50 day moving averages. We will be vigilant and watching to see if this expectation comes to pass.
Enjoy your weekend.
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