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No, I do not think so, we are heading to the low 1800s.DellGriffith wrote:Sure there can always be pullbacks but the Aug 7th low should be THE low of this correction.ALdaytrade wrote:We are very close to the overbought mark. If it is going higher, there will have to be a pullback.DellGriffith wrote:Research shows that once price gets back over the 50 dma on daily SPY, the correction is officially dead!