The 50 sma is the key.
A red candle below the 50 sma means the market will drop.
No red candle below the 50 and the market is still bullish for tomorrow.
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Any worry about the slope/uptrend of the 50? To where we may have a little back and forth chop before we have more confidence in a longer term move?
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Red candle below 50. Sell signal. Does that mean will drop to pre CPI low?
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