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Weekly Swing Trading Stock Picks Feb 22nd - Meir Barak

1,507 views · Published 22 February 2016 · 3:35 · Indexed 29 October 2026

Channel: Meir Barak - Day Trading · 2016 · Education

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Hi Traders, the S&P 500 finished a strong pullback week, up by 2.8%. The strongest week for 2016, 6% down from the start of this year. 
Last week I expected the market to pullback from the lows, however, I was surprised to see the strong upside move. 
Does this mean that we have seen the lows of the year? I don’t see any reason to think so. The European and Chinese economic fundamentals are not good and the recent US inflation data is showing some weakness too. I expect the market to continue lower, however, right now I can’t predict when.

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