Stock Market Technical Analysis
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After two failed attempts to break the stocks out of their down channels on Friday, they came in firing on all cylinders in pre-market today with a big stock market gap up and then a fierce short squeeze. What happens now means everything as the Bonds are still holding their Day 5/10 ema setup as can be seen in the first chart set, upper chart. Whether or not the Bonds do a Day 5/10 bounce or a Day 5/10 down cross means everything. This pivot will be starting one way or the other between now and tomorrow morning.
Alan
