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Not much to say today, light volume, no direction. Tomorrow, the market might open lower or pullback in the morning. Noticed that recently the market tends to open high, sell off most of the day and pump up before the close, so if the market opens high again I suspect if it will sell off again, otherwise it seems too easy for bears.
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1.0.4 S&P 500 SPDRs (SPY 15 min) should provide more clear view about the possibility of a rebound tomorrow morning. Anyway, the market usually needs a few days to reveal its true direction after the Fed day. INTERESTING CHARTS: 6.4.0 SPX and NYMO Divergence Watch, this chart is bearish as NYMO is negative while SPX is making a new high. For
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16 Oct 2017 view on consumers and brands appears to remain in full swing such fundamental changes in market conditions is weak brand management.
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