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It closed below it's 100 EMA today for the first time in ten months, that's not good, if it breaks below Sept 20 low tomorrow and doesn't retake it and closes below it, things could get a bit more ugly.and head to the 150 EMA 4242
I decided to chart out the $VTI to capture the broader market. IMO the purple trendline is the next important one. It served as the first resistance of the covid bounce as well as the floor of the November dip. Sitting on it now. If we dont bounce tomorrow it will get ugly.
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