Backstop

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This whole trade war thing is getting pretty cool, isn’t it? Although I’m always paranoid about a bounce (although tweets, it seems, are losing their efficacy for obvious reasons), I wanted to point out some “Hey, this is getting really interesting” levels to you on some major cash indexes. These are key “break points” for support:

Dow Jones Composite Index
NASDAQ Composite
Dow 30 Industrials
S&P 500

Although I’d like to point out for small caps, it’s already in “interesting” mode:

Russell 2000 Index
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