Weekly price momentum is turning up with positive divergences on breadth momentum. I review 100s of charts and news We have high volatility and risk in the markets than we have had during the last few years. I am aware of other bearish market speculations, the world falling apart theories. It is easy to pile on bear bandwagons; however, markets do not always follow the majority market sentiment at which extreme sentiment often signals reversal. Trend is a trend until it reverses.
~~ Renko charts ~ based on reviewing all major market renko charts, renko charts turned positive except Qs and $SOX.
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