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Assessing Resistance Levels

The expected oversold rally will feel incomplete unless more time is worked into the intermediate-term indicators.

The latest edition of Top Stocks is now available.

This issue of the newsletter reiterates that the market is on track for an oversold rally this week and notes what this means in relation to the resistance levels of the major indices and the intermediate-term indicators. In addition, updates on previous ideas, today's indicator and reader feedback on three stocks.