Market Notes for 2/20-2/23
Recap of last week: Last week, our forecast advised seeking early-week buying opportunities.buy the dip materialized with a substantial market drop triggered by unexpectedly high CPI. The market ended up plummeting over 2% on Tuesday, yet swiftly rebounded over the next 2 days as dip buyers came in. The overall narrative remained consistent, buy the dip keeps on winning.
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