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UPDATE March 23

FED day part II
UPDATE March 23
Does J Poww and his partner in crime (that's not a pun) J Yellin continue to burn the market down? or do we get a reprieve?
This is going to be another quick post.
We are at another point where the market can choose a direction. We have a strong support level to continue the bullish push towards 13300 or 319. If we break it, it's DOWN, and DOWN big.
if 12700 holds and it breaks 12850, then it's up to ~13300. if we break below 12350, then it's sub 10000 (NOT TODAY). If it can hold 12350, then it should be a 5 wave (up-down-up-down-up) back to 13300. There is a bearish divergence. These don't always play out, but more often than not, they do.
UPDATE March 23
UPDATE March 23
longer trend is bearish, but is trying to break above 200MA.
UPDATE March 23
UPDATE March 23
sorry, this is so short. I think I got some info in there.
Be Safe, Be Careful, Be Wise
and as always
Good Luck
UPDATE March 23
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