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11.28.22 – MONDAY MARKET OUTLOOK

Market Outlook
 

The markets started the week with a sharp decline (-1.52%) but the VIX is still in solid contango which indicates that this selling may be short-lived. There is a lot of negative news which may push this market lower but within the expectations, possibly to the 3,915-3,900 level. However, the path to end year rally is still open (at least for now).

 
Market Outlook
 

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