Price Development And Price Structure Mostly Muted

At the open, Stocks attempted to trade higher, but sellers stepped in and price lingered lower for the rest of the day. Important for tomorrow will be if today’s low is taken out. The Indices closed at their lows, so it suggests a possible lower open tomorrow. If that is the case and the internals continue to weaken, expect much lower prices as the longer-term trend discussed in the Briefing will provide the next level of possible support.

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