was correction time IMO, of course it doesn't help that the markets themselves are correcting, which might have some 'over-correcting' effects on stocks that would otherwise be having only minor corrections. Mondays failure to get back above ema21 on the daily is a sign that the new downtrend might continue. You want this to bounce back and close above ema233 on the daily and the chance of stopping the new downtrend will be greatly improved. The weekly was just asking for a slowdown..
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