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the pullback was sharp, some chances it's a vacuum which means it will test the previous low, just some chances.
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SPX 20d key today.. 2431. just 3 points higher… /CL ding ding 20d SMA.. oil rally index rally IWM weak,near LOD red… QQQs near 8week neckline.. key time… QQQs stall and head down with AAPL breaking 143.00 (as per last week) ..look for some serious pain .. index wise.
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XLF still near double top resistance
Note the resistance from 2007 (this is a WEEKLY chart)
Ccatalyst may be Friday, when earnings season kicks off with four banks - C, JPM, WFC and PNC - reporting results,
accounting for roughly 5% of the S&P 500 by market cap.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.