Well folks, this is bad and there is nothing else one can say about it. Yesterday we confirmed a new lower High and today we broke down through $1230 support and we will have a new lower Low, which we did not want to happen. To be safe, I would say run to safety. There I said it, run to G, so no one can say that it wasn’t said. I will watch closely before bedtime and first thing in the morning to try and get a feel of what I personally want to do, but I know what should be done. Below you will find a chart on the S&P 500 with notes showing the breakdown.
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