A break below S&P 1650 should see downside acceleration.
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An ideal buy point for Tuesday on a trading basis would have been a down open.
The Dow Jones Industrial Average's 9-day winning streak is the longest since November 1996.
In the 4th quarter of last year, we walked through the convergence of the 25-year cycle, the 50-year cycle and the 75-year cycle.
Today and Monday culminate the Gann Crash Zone, which is roughly 55 calendar days from the high.
This morning, the market's reprieve looks like it has been repudiated.
Sentiment is very bearish and there has been enormous arbitrage at the 1400 level.