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The S&P eminis are currently limit down at -5%. That is likely going to expand once the main trading session begins.
I see no reason to buy stocks right now, for swing trading or investment. Once there is a turn higher there will be plenty of opportunity and time to buy.
As of Friday, March 6, less than 14% of NYSE stocks were above their 50-day moving average. We also have a dropping Advance-Decline line.…
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