US100 you may want to check this

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So US100 hasn't even reached 0.618 fib level in this correction - it is literally fighting with support to reach there.

The only time that price acted like this, has shown a further drop before relief - and that drop should reach 0. 618. Possibly CPI results could trigger it (imho CPI results could come out positive for markets, but the drop would be a flush of greedy longs).

Relief until EOY and a beautiful beginning of 2023 + entry into recession.


Cheers!

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