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Global Indices

US stocks were smacked overnight taking their current pullback to 5.3%, suddenly our ideal retracement target is only around 3% away, in todays unsettled market that could be only one poor piece of news away. We already have concerns around the Fed tightening (hiking interest rates), China Evergrande and associated risks and now Joe Bidens administration has started some unhealthy infighting weighing on stocks, hopefully things happening in threes holds true!

IVV
MM remains bullish US equities into 2022
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US S&P500 Index
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