Market can't seem to get a bid. It keeps trying to break out for a bounce/retrace but, no dice. If we keep falling, the next spot of any substantial support is the ole' 200dma sitting around 1250. Targets for a bounce are 1296-1315 at the moment based on fib retracements from the current low. That target moves lower as the market keeps dropping. Be careful out there -- it's looking ugly.
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