The market tried to rally earlier in the morning but gains were reversed and now the Trend Average has turned bearish. While prices have not gone under the 2168 level I mentioned yesterday, the lack of bullish momentum should be a concern to bulls in the short term. I ended up exiting my long position in expectation of lower prices. The next level of support lies in the 2155-59 area.
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Short Term Trend = Bearish
Medium Term Trend = Bullish
Long Term Trend = Bullish