$SPX 3644 once again was defended--Like we said on Sunday this was likely to be a choppy start of the week--The structure of the bounce in a few key stocks, however, makes me think still more downside --Invalidation at 3770
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![[Two Different Approaches to Market Timing]: The Spiral Calendar and the VISTmany Research Project [Two Different Approaches to Market Timing]: The Spiral Calendar and the VISTmany Research Project](https://c.mql5.com/6/1012/splash-preview-771691.png)
