The Stock Market has had a nice run in the face of terrible economic and unemployment news. Look for the market to sell off here after this weeks' s break of the 61.8% line of the initial down move. This break means it's the bulls who will have to defend their upmove at some point. A move back to 2571 for ES is in the cards. Will the bulls show up over as the market sells off? I am unsure as to whether there will be buyers here. So, I expect a retest of the lows as the outlook is terrible for the next 6-9 months.
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