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Crappy finish. Past 3 days may be showing the near-term wall from the recent crash lows rally. Thinking we go into some sort of pull back but don’t think much chance of breaking recent lows. More of a chance that we go range-bound for a bit with past 3 days a high. BIG PICTURE…REMAINS GROSS…

Futures down a few this morning after a good day yesterday. Volume was lighter. Improvement off of last week’s low. It was last Monday where we thought A LOW was being put in because of a bunch of positive divergences combined with a HUGE DOSE of continued bearish pessimism. But the move was stunning. Then…

Up 1300 yesterday…500 in about 2 minutes at the close. As we write this, down 750. Need we say more. The A LOW call from Monday stands. Every DOW point up makes it stronger and with Powell going to print $10-20 trillion, who knows? Yes…they say $4 trillion…yeah sure. Powell had already printed like $1…