Markets are down for a third day since the Tuesday afternoon reversal. Commodities are leading the tape lower, oil already at the 50day. The 8:30 numbers did not help. Nasdaq ETF (QQQ) is approaching its 10day at $67.34 (still holding best about all moving averages). Financial ETF (XLF) is below the 10day of $15.78, the next big support is $14.40 area (they are a bit heavier…
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