It is Déjà Vu all over again as today's market note is pretty much the same as Friday's. The S&P 500 remains at a very critical level of support and how it navigates this will set the directional course of trading for the next few weeks or longer. We wish there was more clarity to offer, however until we either get a break of this level or a high volume, strong participation rally (ie. good breadth rally) we are left to wait and watch.
posted by Peter Greene
10 Friday AM Reads
2 hours ago
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