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STOCK MARKET SHORT TERM UPDATE


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SPY 10 MINUTE CHART
SPY 10 MINUTE TIME PIVOT CHART

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STOCK MARKET SHORT TERM UPDATE With a neutral outlook in the short term and a bearish stance for both intermediate and long-term trading approaches, the market continues to navigate a seasonally subdued phase. While currently in a state of overselling, the timing for purchasing seems premature, and the market remains too oversold for shorting in the context of short-term trades. In the upcoming week, an anticipated "trading" bottom is projected, albeit not necessarily a definitive one. This delicate balance of factors underscores the intricacies of market analysis and timing.

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