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September 01, 2020 1:33pm
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Latest Reading Of CoT Report: Futures Positions Of Noncommercials

After rallying in 10 out of 12 weeks post-April bottom, the S&P 500 could no longer absorb all the selling pressure that came its way, dropping two percent for the week to 5505. Conditions remained overbought for so long, unwinding will take time.
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