Small and MidCaps lead stocks to the downside on Day 3
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- Path of least resistance is STILL down.
- Past two trading sessions, forming train tracks tells me there isn’t enough juice in this market rally
- Stay in cash, build watch list for stocks that are building bases
- Stay in cash
- Enjoy your summer! This market isn’t going anywhere
- Day 4 on Friday, we’ll see if we can confirm two things: this rally attempt and if I am wrong!
Enjoy
MktSpec
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