mscimitar
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chartpattern
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Every prior time this indicator has hit 91%+, the market began a new descent. JPOW's comments signaled a dovish Fed with a pivot incoming. Will the 50DMA bear sign still hold that trend as a signal to sell? Perhaps not, zooming out to prior instances of the stocks over the 50DMA we can see it never signaled sell-offs like in this current bear market. The last...
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