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Can The Market Hang On To Support Here?

Submitted by Lance Roberts via RealInvestmentAdvice.com, Last Tuesday, I noted that a market decision was coming soon. It came sooner than I anticipated with a sell-off that broke the bullish trend line from the February lows. To wit: “A major decision point is rapidly approaching which will decide the fate of the market for the rest of the year.” In the daily price chart below, the break of that bullish trend line is clearly evident.
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