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welcome back to trendlines over headlines the show where we break down the markets with some of the best Traders and analysts out there my name is Patrick donawella Im the editor of the chart report and Ill be your host joining us today is Peter pinkasov Peter is a Trader and the founder of investor charts when it comes to markets he is a Fountain of Knowledge so you wont want to miss his insights but before we talk to Peter its Friday the markets are closed so lets take a quick look at how this week played out [Music] thank you foreign it was only a four day week with the holiday on Monday but even still it was the worst week of the year so far in 2023 the NASDAQ was the weakest of the major indices dropping a little over three percent the S P 500 LED but it still fell a little over two and a half percent and it broke some pretty key levels now we mentioned last week that the Bulls really needed to hold above the December highs around 4 100 and they couldnt do it so we started