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Market bloodbath in US Monday signals beginning of next leg lower for stocks

In a note to clients on Monday, Jonathan Krinsky, chief technical strategist at BTIG, said that US stocks were primed to tumble after the S&P 500 bounced off its latest resistance level, which coincided with the indexs 200-day moving average, a key technical level for assets.
New York United States Nicholas Colas Katie Stockton Jonathan Krinsky Datatrek Research
Source: ummid.com

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