Stock Indices Are At Important Support

After the Fed announcement, the Stock Indices sold off into the close. Volume spiked and breadth confirmed the move. This opens the door for a continuation of selling tomorrow, unless there is a divergence in the market internals. Monito the internals carefully if there are lower lows after the open. In my opinion, the October 2022 lows will be tested. The question now is whether this is the beginning or not. Monitoring support levels will be critical if that is the case.

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