"Good morning! As of August 22nd, the global market sentiment is neutral (based on the Dow Jones alone), while the market trend is moderately bullish. The market might open neutrally. if it breaks yesterday's high after the neutral opening, we can expect a pullback continuation. On the other hand, if the initial market declines, it will likely undergo a minimum 61% Fib correction. After that, if it rejects around 61%, we can expect a pullback. Conversely, if it consolidates or breaks the 61% level, the correction is likely to continue."

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