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01.17.2023 – TUESDAY MARKET OUTLOOK

Market Outlook
 

The market was dull and weak today. It almost seems like it is rolling over and getting ready to fall.

 
Market Outlook
 

The Ichimoku chart is still positive but also starting to display weakness.

 
Market Outlook
 

The trend should be positive tomorrow. If so, it would be positive for the entire market and its trend. If it fails, we may see another leg down, possibly to 50-day MA (if not lower).

 
Market Outlook
 

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