impacts market moves more than

This time the perceived crisis seemed to appear just as the model turned down but the trade crisis probably affected the level of the downturn and the extent of the selling. However, we believe liquidity impacts market moves more than news events. Long only SPY buyers can utilize the liquidity model to determine preferred buying opportunities.It is my plan to check back on the model performance in two weeks and modify the forecast in the comments or provide a new forecast based on market dynamics.

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