The market seems has started a correction but so far it is looking like a W4 wave, so we could see one more push up before the entire wave from 1867 does a proper correction. Whatever the case, my expectation is for the 50 DMA to be tested before another substantial sell off around the time the Feds make the decision on interest rates. So far, oil and China have been stable and this should help equities in the next few sessions.
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Short Term Trend = Bearish
Medium Term Trend = Bearish
Long Term Trend = Bearish