Cabot Top Ten Trader Movers & Shakers Weekly Update   

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Article Excerpt

The good news of this week’s action is that the intermediate-term trend, which was on the fence a week ago, is in much better shape—all five major indexes we track are solidly above their lower (50-day) moving averages, and it would probably take a 6% to 7% drop from here to threaten the uptrend.

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