The sell off continued today and there is enough bearish momentum for a 50 DMA test next week. The micro-count posted would be invalidated on trade above 2086.09 but it will take a strong counter-rally go get that high. Perhaps some panic selling will actually benefit the bullish case, so a test of the 200 DMA would not be all that bad at all. Hopefully there will be lower levels next week so I can start building long positions.
Have a great weekend!
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Short Term Trend = Bullish
Medium Term Trend = Bullish
Long Term Trend = Bearish