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Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewI am not the least bit surprised at how the markets fell yesterday and nor should anyone else. I am not going to repeat what I have said over and over. What I will say is, I had lunch with
Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewCan the ES rally further? I guess. The ES rallied up to 4208.50 and sold off down to 3925.00. The 50% retracement of the move is ~4067, which we hit yesterday before the fade. They are not always right, but I
Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewAfter 3 weeks of selloffs and failed rallies, the ES rallied 128 points in two days. It kinda works this way and that's why I didn't get overly bearish. It’s why on Wednesday, we wrote:“At some point, the market will
Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewI knew early that selling the rallies was not working. The traction simply wasn’t there and again, it’s a sign that the market is frustrating the masses. The crowd was short — too short — the selling dried up after the
Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewKeeping things short and simple for the View. The market continues to slowly trickle lower. Surprisingly, it’s frustrating both sides. The bulls are frustrated for obvious reasons: They are looking for a bounce that simply hasn’t materialized, as the S&P is