The daily candle chart shows just how weak the market is.Normally you could expect at least 1 or 2 day countertrend reversal days (higher low/higher high days.)The market is oversold but could easily keep declining into a 21-22 day low.On 11/02 the market will have run 150 days from the 4096 low (cash index) balancing time (1504 point range)
At the high the market was up 216 days the range from the low was 2140,almost a perfect square.
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