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Market Minute

TradeSmith’s Market Minute is a free e-letter containing the unique insights
of master trader Jeff Clark. By analyzing broad fundamentals, technical patterns, volatility, and momentum, Jeff helps traders prepare to profit
on the most likely moves the market will make.

The Action to Watch on 4/19

The bulls have a slight edge today – very slight. The Volatility Index (VIX), the market’s “fear gauge,” declined again yesterday, thereby confirming the broad stock market “buy” signal that triggered on Monday. This, plus the seasonal bullishness that shows up this time of year, favors the bulls.

The Action to Watch on 4/18

The S&P 500 Index had a terrific bounce off of support yesterday. The index popped 20 points higher, recovering everything it lost last Thursday. And the Volatility Index (VIX), used to measure market risk, triggered a new “buy” signal. So we should be ready to rally to new all time highs.

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