02Jul - David Nichols Morning Briefing

"The market is now in some significant danger of forming a major triple top (A, B, C) with the 3 tops comprised of a triple, a double, and a triple top, respectively. Unless the market moves up and over the 1145-1150 area it is now in some significant danger of testing the 1090 area to the downside. And a break below that area would project another 50-or so points lower than that. "
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