Stock Market Technical Analysis Blog
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In the market today we had the pivot break to the downside although beit a slow motion move as seen in chart 1 above where we see the orange line is now below the green line, but with a mostly neutral candle for the day. In charts 2 and 4 the S&P lost its last line of support, the orange diagonal line. A lot going on next week, maybe if the decline continues they can keep it going down slow.
Trade well my friends
Alan
