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INDEX STRENGTH: -9

Our bullish callapsed after Tuesday’s market drop. We are back in bearish territorty with a retest of the June low in sight.  Sentiment is bearish levels but not at extreems. We are causious here leading up to the Fed meeting on Wednesday.   

September 18, 2022  8 PM EST

Previous Close:

-8

One Week Ago:

0

Maximum Tailwinds = +10 (Bullish / Buy)

Maximum Headwinds = -10 (Bearish / Sell)

The Trade Index:

September 2022 (Daily Heatmap Breakdown)