Traders Daily – Why the Markets are Falling Apart


Markets are a fickle beast.

Even with the U.S. and China nearing a trade deal, markets fell apart.

While many shift blame to the President for the move lower, we have to consider that markets are technically stretched.  We were overdue for a pullback.

In fact, since the start of the year, the Dow Jones exploded from 23,058 to a high of 26,241.

Unfortunately, the Dow Jones got caught at triple-top resistance.  If we look back over the last few months, we can see that whenever the Dow ...

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