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2) What troublesome about this drop after the Failure at the 200 day is that it's deep and it's happened quickly. Which means that it may be stronger drop into October than most predicted.
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The Wall Street Pro's are back to work and they are selling. All this has been predicted. What I can say is. 1) The market can't go down everyday. Eventually their will be another dead bounce but it will get sold off withing days.