Each set of the early sell-off phases looking eerily similar.. distribution followed by fake exuberance, a flag then a sell off.. still committed to the concept of DW8 being in a bear cycle. Well within the descending channel, and well below the 200 day. A break out and close above the channel and 200 day would be great confirmation of a reversal from a technical perspective; until then- its question marks (regarding SP).
DW8 Chart, page-622
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