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The one that impacts the most investors/traders (upper line) has already been broken. Now we're watching the most conservative line. If the S&P 500 closes into the yellow boxed area soon, the next down-leg in the market may be underway.

I

I'm hoping so! Exciting times!

1

Yes, greatly overvalued markets. Watching for signs of technical breakdown.

Thank you!

1

You're welcome.

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