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        Technical break

        As shared in my previous post, expect a technical break in the stock market. S&P500 has snapped its longest winning streak since 2021.

        Some media attribute the sell off to Powell’s speech (which sounds to me pretty much the same messaging), while other news outlet are saying it’s the bond yields that caused the decline. Some are saying both.

        Regardless of the reason, this decline is needed before the market can go higher.

        In fact, in my video, I shared that SPY may hit resistance and retrace back to test a particular trendline. We are almost there. Check out my video for more info
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        Influential mooer of October
        Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el
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