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clock Created with Sketch. 29/01/19
10:53
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Originally posted by paddington bear
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I mentioned recently that my research on volatility suggested it could last into late January. Wall Street is certainly taking that option with another dramatic session. I had been thinking that we probably needed a bit more time before the Wall Street rolled over again. Perhaps this is what is happening as it trades in the range of the past week but I am just a bit concerned as the SPX gapped up at the end of last week and now has gapped down in the latest session . So still not a clear picture but I still think there might be one more little wave up. However, as usual I must point out that I still only see this as a rally in a bear market – yes it has been impressive but the swing to the upside is still only mirroring the huge swing we had to the downside over the previous three months.
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@paddington bear Little TA watch.
(20min delay)
