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As I have been discussing in several of the Briefings before today, the internals of the market were significantly declining, suggesting the rally was short-lived, unless there was a news event to strengthen the internals. While it is too early to determine whether this will develop into something greater in degree of time and price, what happens with the areas outlined in today’s Briefing will be important going into the end of the week. There are three possible strategies outlined and how to analyze which one may be in the process of developing.
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