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Linda Raschke, founder at LBR Asset Management, observes that the SP and Naz did not hit the Pit session EMA yesterday.
She is now watching these markets for movement toward this level today.
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Raschke has recently commented on Bunds showing stronger relative strength than Bonds and Tens, with a focus on key resistance levels in previous updates. She also observed that gold failed to rally after a series of declines and noted a shallow corrective pattern in recent analysis. Her recent observations continue a pattern of tracking technical signals across different asset classes.