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April 13, 2014

Coffee Short

Time to Roast Some Beans

Any lingering doubt about Thursday's TrendBand signal, when the SPX closed beneath its daily LowerBand to signal an intermediate cycle decline, was washed away by another firmly lower session Friday. Our methodology is now warning, in unambiguous manner, that a significant equity market correction has begun. Stocks have not suffered a yearly cycle decline since 2012, skipping their annual rite of passage last year, but ...

 

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