1 hour into the slide …

Good Morning!

No big deal, no panic out there, but the market is in a selling mood this morning, so it is OK to take stops on profitable positions if you are so inclined.

I would not be starting new long positions until we see the market test and hold 1500 on the S&P 500 once again, in the eternal battle between the bulls and the bears.

Have another cup of coffee and watch from the sidelines.

Check back later.

 

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