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Reviewing the Positives and Negatives after Thursday's reversal

Note: We sincerely apologize. Due to a technical error, Mark's note was not sent out last night. This is Mark's note meant for the trading day: 10/13/2022. Thank you for your understanding.

The sudden about-face caught most off-guard Thursday, but SPX fell to an exact 61.8% alternate Fibonacci retracement of the 9/14-10/3 decline at 3485, and this was nearly an exact direct hit of the 50% retracement of the entire 2020-2022 rally.  I felt Thursday’s reversal w...

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