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Strong pull back coming today.

As the saying goes, sell in May and go away. Dow Jones looks to be heading downwards. It will hit support at 24000 if it drops sharply we could possibly test 23000. Escalating trade war with China does not help and so we may test 22000 by next week. In any case, short term view is to hedge and short the market. Any long term holding will only bring pain when better opportunities may present themselves next week.

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