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We're just passing through the end of strong Fibonacci Timing factors pointing to a high on S& P, Dow and Nasdaq. These markets have been unusually robust during this time; while the combined price and time resistance is the strongest seen since the rally began in March, each decline has held at intraday price and time support too. Since we're now in the end of these timing ratios, the markets are in a key phase where they will either need to make new swing highs immediately or we should finally start to see a more significant downside correction.
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