
It's getting heavy, no doubt. NQ lost 61.8% of the August rally at 1996. Next level of support could be the September low of 1971 or weekly S1 at 1974. Given that we are almost 10% away from the 20 dma, it won't take much in terms of good news to send stocks rocketing higher. But it's all been bad so far. Pending homes sales on deck at 10, WMT and HD report.
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