S & P
S&P is making lower tops so far while the Dow managed a new high. The short term alternate is that the S&P is still completing wave v of c in one more high. But we cant be sure. This market must complete what ever it is trying to do at the end of a long term wedge before its bearish implications start playing out. The idea is to not let the short term noise overlook the medium to longer term setup.
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