2/7 Ultra-Short-Term Indicators: There is absolutely nothing helpful on the ultra-short-term indicator chart. No climactic readings and a VIX trading on its average.
Conclusion: Indicators are softening in the short term and the intermediate term looks bearish. Although indicators are rising in the short term, they look like they want to turn over and given the bearish intermediate-term indicators, it's time to start looking for a decline.
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