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Week In Review: Russell 2000 Tests Support
Daily Market Commentary

Week In Review: Russell 2000 Tests Support

Byinfo@50park.com May 9, 2014

Stocks Defend Support- For Now: In the short term, the market continues tracing out a large topping pattern. The top will be confirmed if/when the neckline is breached (on a closing basis). On Friday, the Russell briefly undercut its neckline and then rallied and closed higher on the day. Underneath the surface the benchmark S&P 500…

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