The popular averages close mixed on Friday. The Nasdaq Composite was dragged down by a poorly received earnings report from Nvidia (NVDA -
Above is our 3-
During October the SPY fell sharply under its 50-
On Thursday and Friday the right shoulder of a potential bullish Inverted Head & Shoulders Pattern may have begun to form, as we head into a traditionally strong time of the year for the stock market. Thanksgiving week usually begins with a stumble before picking up into a holiday season rally.
© Curt Renz
Stock Market Update
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