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Tag: Failed Recovery Rally

  • Market rally fails again…is it going lower?

    Market rally fails again…is it going lower?

    The S&P 500 is barely holding above a technical correction and it has failed multiple times at the 50 day moving average.   The rotation rally looks like it has fizzled.  Today was characterized by indiscriminate selling.  Everything was down- Tech, Value, Precious Metals, Bitcoin…everything. I think the market is headed lower…but I’ve thought that all…