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Sellers did maintain control

Sellers did maintain control

Sellers went into this weekend with pushing prices to lows in the S&P 500 on Friday. This would indicate unchanged a lower for Monday's action. Although nothing telling us at this level to be a buyer we are levels that buyers have entered the market before. As you can see on this chart sellers have really dominated in this down move and the attempts where I was looking for buyers to reenter the market so far have failed to provide any consistency.

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