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The ES is headed lower to 1834 and maybe to 1823, the last two significant low points preceding Fridays 1892.50 high. Any more weakness than that would mean that a much bigger drop is underway, one which would probably run 110- 150 points.
vol surge, might be a rebound here first which likely would be sold.
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another vol surge, so rebound here might be which maybe sold again.
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We have reached what appears to be an important support zone (red circle).
This is a good neighborhood for bulls to mount a defense.
If they lose it...
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