After an early on morn sell-off, we've consolidated only below overnight lows, close the 3/10 highs that had been resistance. As a rule, markets pass to a greater extent than fourth dimension making tops than bottoms. That by together with large leads me to expect for ascension markets turning into bracketing ones, non into falling ones. The activity hence far today, which shows alone 123 to a greater extent than advancing issues than decliners together with a mixed NYSE TICK, is to a greater extent than consistent alongside a attain merchandise than 1 trending to the downside. Currencies vs. USD accept been relatively strong, but we're seeing weakness inward the fossil oil market. All told, this is a mixed painting present together with maybe the commencement of a topping procedure that volition extend into side yesteryear side week.
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