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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: George Statham who wrote (16364)	7/23/2023 8:54:50 PM
From: Kirk ©	Respond to of 26512

Thanks. I draw the support line as a H&S top pattern that is being tested from below. IF the market can soar above that this week, then the pattern is cancelled and would be called a "bear trap." If it is a top, the decline would be fairly small to complete the pattern... less than 400 pts... maybe 8 to 10% which would be healthy. We should get a clue which it is when earning season kicks into gear this week.