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The market has entered a highly uncertain setup with mixed indications. The most likely outcome is for the trading range to continue for several months with frequent whipsaws. There are few indications that xxxxx xxxxxxxx xxxxxx xxxxxxxx, but there’s a real chance for xxxxxxxxxx xxxxxxxx. The early week market performance this week should set the tone for the remainder of the year. The short term cycle projection is reachable by xxxxxxxxxxxx.
Here are the support and resistance levels, cycle projections, and indicators to watch.