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I am going to keep my comments brief. 

The S&P 500 touched its 200-day moving average last week and while going into the large option expiration on Friday experienced noticeable price weakness and a shift in its recent leadership from the June low. 

What was the cause?  Some are pointing to the continuation of hawkish Fed speakers, the German PPI data release that came in at a shocking 37% yr/yr, the OPEX, and that the countertrend short squeeze may ha...

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