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Market Outlook

We have seen weakness in the markets again. Choppy trading with a slight drift lower. Again, this speaks to the possibility of the market spiking higher again. If it wanted to crash, it would have already done that, considering all the FED talks about more tightening needed, higher rates at 5% to 5.75% not being restrictive enough, and other bullshit the FED was feeding us with, and the market held. If this were a problem, we would be falling like a rock. Bears are also exhausted as all those who wanted to sell have already sold, and speculators are weak to push this lower. The only concerning thing is that the VIX structure is flattening, but overall, we are still positioned upward.

Market Outlook

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