Stocks have tested our lower levels, breaking through 4504 then finally bottoming out at 4487. Both were levels as to which we alerted you in this report. It appears that selloff we saw earlier this week may have found support at 4487. We have a double bottom at this level with two green triangles on the KRI. If we are wrong there is a vacuum zone to 4462. If we are right, then the next levels of resistance are 4521 and 4545. Our next target is 4564.
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