Author: John Pugliano
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Support at 1850- avoiding BEAR market for now
Today all the major indexes gapped down and although they recovered off their intra-day lows, it was still UGLY. The Russell 2000 is trading at bear market levels and it has wiped out three years’ worth of gains over the past couple weeks. The S&P500 has managed to close above 1850 which is my delineation…