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The chances of an imminent correction just cratered.
— SentimenTrader (@sentimentrader) October 26, 2021
Thanks to a new high in the S&P 500's Advance/Decline Line, the probability of a 10% drawdown w/in 3 months plunged from 15.9% to 4.6%.https://t.co/9Aep6fGNyk
The odds of a correction have been steady for weeks. This market won't stumble until the percentage increases above 50%. Stocks could easily rally until the end of the year.
Timing A Correction/Crash Section
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