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Hello Everyone,

Here's a link to Tonight's Newsletter.

Consolidation day as expected following Friday's rally. Was that it or is this move bounce still unfolding? So far SPX stalled near some resistance. As discussed on the weekend, the SPX needs to close out of the channel in order to have a better trade low in place.

NOTE: The VVIX closed back below 110

Commodities energy and agriculture ruled the day

Matt

Providing high quality market analysis with an emphasis on technicals education since 2003.

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