Could be.
122-020 is the Inflection Pivot to key off.
If the MKT is below here it is vulnerable to a beating, with the 120-25-120-23 the support band that must be taken out to confirm a press to new move lows.
Above 122-02 the difficult corrective trade continues.
If this signal is going to work it will play its hand today or tomorrow.
JS
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