| NYSE Reversal Detector |Last Signal: Upward Reversal Signal Date: 5 February 2019 Confidence Level: 86% For unlimited access to AMR DABBOUS' market commentary + eTradingPicks.com's monthly report covering U.S. and international stock markets Currencies Commodities and Bitcoin please check below.

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Market Commentary
 Past Predictions

Last Updated: 4 February 2019
February 2019 will be a decisive month for equities in the US. The DOW so far has managed to break above 24,000 and as expected rallied a thousand points to 25,000. A break now above 25,000 would not only reverse the long-term outlook of the market, but would also trigger an "Upward Reversal" signal in our "NYSE Reversal Detector", which has rarely got it wrong. Consequently, pay close attention to this pivotal level. On the other hand, the fundamentals - and particularly the last two jobs reports - don't look pretty solid to support this bullish scenario, so ...

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