If you've been with us consistently here on the blog, this morning's selloff should come as no big surprise. In last week's video I suggested that the near-term technical setup suggested that a test, and possible breach, of the recent low was very much in the cards. Here's a snip from the featured chart. The open this morning will take the Dow roughly halfway through the yellow circle on the way to that test: Be back soon with more commentary. P.s. Here's that video in case you missed it. Highly recommend it! This week's message is also instructive.
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