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I don't like where we are but oddly enough this morning the QQQs are showing a modicum of support right around the $380 level which is where we found support on 12/6.
The SPYs aren't quite to that same level. Both gapped down on the open below the 50 say SMA so I wouldn't put a ton of stock (no pun intended) on the bounces off the lows so far today.
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