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The strength of yesterday's rally brought the S&P, Dow and Nasdaq right to daily target/resistance levels. These are the S&P and Dow targets we've been looking for since the low was established with the Gartley support patterns and Fibonacci Timing low cycles. Considering that we also have minor S&P high timing in place, it's quite possible that we'll see an interim high pivot established here and a corrective decline will commence from yesterday's high.
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