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Homeland Security Secretary Markwayne Mullin says there is currently no reason to suspect a national security threat is behind a communications outage that grounded all US flights. Follow live updates. cnn.it/4eE4cBQ
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A "megaphone" pattern is technically a bearish setup. Does not hit often, but when it hits, it hits big. One prime example: Leading up to the May 2010 "Flash Crash," the S&P had a bearish megaphone setup.
$SPY Daily. Beyond recent sloppiness, since August the S&P 500 made higher highs (marginally in early-October) but lower lows = Megaphone pattern, known for sloppy indecisive markets
$SPY Daily. Beyond recent sloppiness, since August the S&P 500 made higher highs (marginally in early-October) but lower lows = Megaphone pattern, known for sloppy indecisive markets
$TNX Daily. After bond market holiday yesterday, rates on 10-Year continuing to move higher up & out of orderly consolidation. Presumption is still higher rates ahead.





















