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Our combined analysis for Friday tells us to treat support as inflection, but slight declines could lead to another round of aggressive selling. Treat 5408 as inflection in the SPX. If
Support was tested perfectly so far. Yesterday our QQQ signals produced 18 pts. Today our SPX support level, 5430.59, was tested perfectly. The low of the day in SP500 so far was 5430.79, so
Our combined analysis for Friday tells us to treat support as inflection, but slight declines could lead to another round of aggressive selling. Treat 5408 as inflection in the SPX. If
The resistance range was tested. The SPX tested the mid point of our resistance range after threatening to break down earlier in the day. The bounce from the early decline to our resistance
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