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ALLW Diamond HolderFrom a technical perspective, all support levels have basically been broken now, oversold plus oversold, it's pretty useless.
Key Trendlines Broken in Succession, Technical Breakdown of US "Magnificent 7" Accelerates
The technical outlook for the MAG 7, which once supported the market's center of gravity, is collectively deteriorating as structural leadership forces undergo systemic loosening. When multiple core weighted stocks simultaneously break through key support levels such as trendlines and moving averages, previously dispersed selling pressure quickly coalesces, triggering a chain reaction of passive position adjustments
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