Research, Technical

Lowry Mid-Week Commentary, November 29, 2023

Vincent Randazzo, CMT, Head of Technical Research
29 November 2023


Several of Lowry's indicators have shown coinciding and supportive trends since the market's low last month. This includes a gradual but consistent improvement in Lowry's Buying Power and Selling Pressure Indexes, which resulted in an intermediate trend buy signal on November 24. However, despite the forceful rally in mega-cap-dominated indexes, many crucial market health indicators in Lowry's analysis have demonstrated significant lags.

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