Markets might have put in a top today on a Daily level. There is still a chance for a peak tomorrow, but the FED cant stop the market from moving down. When we see how the indicators behave on this move down to see if its a correction or a continued move down from October.
The reason for calling a top here is that we have managed to touch the upper Bollinger Band for the Dow Jones, but not the SPX. So we will have to see if the SPX can catch up somehow tomorrow.
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