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Trader Brian Jones

So lets look at the market. Unlike yesterday. There is no extreme oversold condition here. The 50 is moving down now. So though it looks like the S&P is at the bottom of it's down trend. A bounce is not as sure thing this time because market could pick up steam on the downside.

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5:46 PM · Nov 30, 2021Twitter Web App

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Yep. Fed mentioning inflation, variant, EOY profit taking, Billionaire tax, etc.

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There is a strong support at 450 so it does look like ur is heading there, imho

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4530s is 50 day moving average. Market spooked by Powell and Covid Variant. Small caps crushed. Tom Lee still believes buy this dip.

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Which stock you are looking for the sma? When you say s&p, is that a particular stock?

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It is the s&p index, not a particular stock.

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