Markets filled the opening upside gap but can’t get any momentum below yesterday’s low of $133.13 (the low of the today is $132.95). I still say the healthiest action would be downside acceleration. Commodities tried bouncing but there was no real power and they are starting to roll over after my morning note. On the S&P, 1318-1322 is the level I’ve been pounding the table on, and…
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