Stock Indices May Be At Important Support

In today’s Briefing, I discuss the analysis from the weekend and where we are now in the short term. Next, I show the development of price in a longer-term timeframe. Using the same analysis of price patterns for the short term, you could come to a higher probability, the longer-term rotation lower is complete. However, in the short-term, if the lows of today are traded through, it will open a higher probability assessment of an even greater degree time and price move lower.

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