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Goldman has been moving higher since its low back in July of 2009. It started moving higher around 60 days before the broad market did. Is this stock a leader to the broad market? If so, what GS does at (2) could very much have something to say about the action of the broad market going forward!!!
In this post I shared the Goldman turned up around 60 days before the broad market lows. A good viewer shared that they both bottomed around the same time.
I was incorrect, sorry for this mistake.
Chris
Great post. I always watch goldman as a possible precursor to major market moves.