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To: Les H who wrote (28075)8/21/2023 9:56:00 AM
From: Les H  Respond to of 29600
 
Markets unraveled as the S&P 500 (SPX) could not build on a promising bullish setup early in the week. The SPX is short term oversold and the above half day or 195 minute SPX chart demonstrates that. It has an active TD Buy Setup @8 which has not been perfected unless it prints a lower low. This should provide some relief to the downside pressure. Due to the technical damage, the rally is considered temporary.

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