$JPM Like many others looks like distribution TAKES TIME!

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Markets just don't fall or go up... Operators(Smart $$$) must take time accumulating(to take market higher) or distributing(to take market lower). Here we are starting to see clear signs of distribution in process. You don't need a moving average or indicator. Use your eyes. You can see it! The issue w/ most people is they want to short instantly thinking we will drop right then and there. It takes time. Be patient.
I agree with your analysis due for a correction, topped up.
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