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Market Report: Collective Bleeding and Breakdown of Technical Structures 🔴
The global financial landscape is experiencing a state of high correlation, where assets have abandoned their differences to move in a unified downward trajectory, reflecting a peak of pessimism and concerns about market liquidity.
1. US Stocks: Continued Downward Momentum
The S&P 500, Dow, and Nasdaq indicators confirmed the continuation of the downward trend by recording consecutive lower highs. Strong bearish candle closures indicate that momentum is accelerating downward, with a clear absence of buyers at current support levels.
1. US Stocks: Continued Downward Momentum
The S&P 500, Dow, and Nasdaq indicators confirmed the continuation of the downward trend by recording consecutive lower highs. Strong bearish candle closures indicate that momentum is accelerating downward, with a clear absence of buyers at current support levels.
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