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Take a look at the technicals. This is a one year chart of the s p 500. A chubby uptrend. The big question is whether we are looking at a v bottom. It could be something that is called a bear pendant. 3000 is the lines in the sand. Bottom backe a toward the high. If we go back below the 200 Day Moving Average or below 3000, it makes a stronger case for work to be done to the downside. Volatility breeds volatility. More big moves are ahead. Worksuggests there is more to be done on the downside. At the creditg market, which looks to be stabilizing after some steep losses at the end of february with highyield bonds volume for a second day. The spreads narrow. Is the biggest junkbond etf, so the biggest the secondbiggest inflow ever. The spread narrowing can be an indicator for equities. Some of the bulls can take comfort there could be more upside for stocks. Crude oil has come off its highs for the day because russia and saudi a ....
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