GFP: Friday's action took some of the wind out of the market's sails. Lots of technical damage.. The Chinese pulling out of preliminary trade negotiations was not anticipated, which accounts for the drop. We are setting up for a quadruple top. Earning season is coming and there is going to be a lot of gravity to the market. Bad pre-earnings announcements are already from companies like FedEx. The Fed is the only positive in the Market's favor right now. But I can't short against them.
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