Market Update for Tuesday, September 19th, 2023

Good afternoon, traders.

We’ll keep today somewhat short.

The bears got some more out of this bear flag:


They managed to finally put in a new low, but then they couldn’t hold on to it. And that then puts this into the context of this:

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So, bears still have some work to do (and they might still do it).

Alright, we’ll see how this plays out, and I hope everyone has a fine evening.

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