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More upside Next week here is your Market outlook
The reality of the situation is that the markets are acting normal. It's the tremendous microscope that is hanging over the markets these days that has seemed to bring back a lot of the fear and when we look to read the fear we turn to the $vix. I spotted a interesting level that lines up with each recent pullback in the market. It is not foll proof but it adds to the opinion that I think we move a bit higher before we see if this recent run is a bearish channel bounce (I am staying away from saying bear market bounce cause that is not the case yet and especially after the last 2 days.
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