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Weis Analysis 040517 PDF
Weis Analysis 040517 PDF
Weis Analysis 040517 PDF
David H. Weis
The S&P held today for a seventh session in its tight, narrow range. The wave volume
continues to swell as the duration of the wave increases. This suggests the market is under-
going absorption. While there has been a lack of upward follow through after the stronger
days, no sign of supply has appeared on the intraday charts. I continue to expect the mar-
ket to make another new high.