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ON MANY LEVELS WE ARE STILL NEUTRAL
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WE ARE NOT OVERSOLD YET
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Hello Team, We are launching the: "1 Trade To 6Figures Challenge" in a few days. if you are interested to join this exclusive group, please reach out to admin for details
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**S& P 500 Furtures** Yesterday's chart showing the levels that we went over from our live session. Was it any clearer? Are you short/long or flat?
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@Yanik No more crypto signals. We are focusing attention on Forex Trading to achieve members financial goals
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@DarkPoolAlgo #Dark Pool Charts
Thursday, September 23, 2021 Futures Up/Down % Last Dow 162.00 0.47% 34,291 S&P 500 23.25 0.53% 4,407 Nasdaq 83.50 0.55% 15,247 U.S. stocks are looking at another move higher following strong gains on Wednesday despite the FOMC taking a more “hawkish” stance on both rates and the timeline on asset purchase tapering during yesterday’s meeting. Stocks jumped on Wednesday after the Federal Reserve cleared the way to ease monthly bond purchases “soon” and signaled interest rate increases may follow more quickly than expected. Stocks pared gains late as Fed Chair Jerome Powell spoke at his press conference but still closed up solidly. Fed officials indicated that they see interest rates seen rising to 1% in 2023, faster than projected by the Fed in its projections in June, and then to 1.8% in 2024. Nine of eleven major S&P 500 sectors ended the day higher. However, of note, all 11 groups retreated from the moments before Powell’s press conference began, into the close. The Dow Transport index slid to 6-month lows following weakness from Fed-Ex (FDX) earnings results and guidance the night prior. In Asian markets, The Nikkei Index was closed, the Shanghai Index rose 13 points to 3,642 and the Hang Seng Index gained 289 points to 24,510. In Europe, the German DAX is up over 130 points (0.89%) to 15,645, while the FTSE 100 rises about 20-points to move above 7,100. Oil prices are slipping but still holds near two-month high with global stockpiles tightening. In China news, the WSJ reported China is preparing for the “demise” of Evergrande, signaling Beijing’s reluctance to get involved and bail out the company. Events Calendar for Today 8:30 AM ET Weekly Jobless Claims…est. 320K 8:30 AM EST Continuing Claims…est. 2.65M 9:45 AM ET Markit Manufacturing PMI, Sept-F…est. 61.5 9:45 AM ET Markit Services PMI, Sept-F…est. 55.0 9:45 AM ET Markit Composite PMI-Sept-F 10:00 AM ET Leading Index MoM for Aug…est. +0.7% 10:30 AM ET Weekly EIA Natural Gas Inventory Data 11:00 AM ET Kansas City Fed Manufacturing for Sept…prior 22 Earnings Calendar: Earnings Before the Open: DRI, DYNT, IWSY, RAD Earnings After the Close: AEHR, AGTC, AIR, CAMP, $COST, MTN, $NKE, PRGS, $RSSS Other Key Events: Credit Suisse 7th Annual Oil & Gas Non-Bus Tour (virtual), 9/21-9/23 DA Davidson Diversified Industrials & Services Conference (virtual), 9/22-9/23 Goldman Sachs 30th Annual Communacopia Conference (virtual), 9/21-9/23 JPMorgan 12th Annual U.S. All Stars Conference (virtual), 9/21-9/23 Oppenheimer Fall Healthcare Life Sciences & MedTech Summit (virtual), 9/20-9/23 Roth Capital 8th Annual Solar Symposium (virtual), 9/20-9/23 Sidoti Fall Small Cap Conference (virtual), 9/22-9/23 Wells Fargo 4th Annual Consumer Conference (virtual), 9/22-9/23 Market Closing Prices Yesterday The S&P 500 Index gained 41.45 points, or 0.95%, to 4,395.64 The Dow Jones Industrial Average rose 338.48 points, or 1.00%, to 34,258.32 The Nasdaq Composite jumped 150.45 points, or 1.02%, to 14896.85 The Russell 2000 Index advanced 32.38 points, or 1.48% to 2,218.56 Macro Up/Down Last Nymex -0.32 71.91 Brent -0.27 75.92 Gold 3.80 1,772.00 EUR/USD 0.0028 1.1715 JPY/USD 0.11 109.89 10-Year Note +0.003 1.335% World News China is preparing for the “demise” of Evergrande, signaling Beijing’s reluctance to get involved and bail out the company (the gov’t will only step in should the company’s failure turn disorderly) – WSJ https://on.wsj.com/3i2x8WH Sector News Breakdown Consumer Steelcase ($SCS) 2Q EPS $0.21 vs est. $0.23 on revs $724.8Mm vs est. $761.3Mm; guides 3Q revs $755-785Mm vs est. $713Mm, sees 3Q EPS $0.07-0.11 vs est. $0.09 Funko ($FNKO) entered into a new credit agreement for a term loan facility of $180M and a revolving credit facility of $100M that mature September 17, 2026 Brilliant Earth ($BRLT)33M share IPO priced at $12.00 Hyatt ($H) 7M share Secondary priced at $74.50 Sovos Brands ($SOVO)3M share IPO priced at $12.00 Energy, Industrials & Materials HB Fuller (FUL) 3Q adj EPS $0.79 vs est. $0.79 on revs $827Mm vs est. $797.6Mm; guides FY revs +17-18% vs est. +14.4%, sees FY adj EBITDA abut $460-470Mm vs est. $463Mm KB Homes (KBH) 3Q EPS $1.60 vs est. $1.62 on revs $1.47B vs est. $1.57B; qtrly homes delivered +35% to $3,425, ending backlog value +89% to $4.84B; inventory +19% to $4.66B as of Aug. 31; repurchased 4.7Mm shares for $188.2Mm Northrop Grumman ($NOC) upgraded to Neutral from Sell at Goldman Sachs with a $350 price target and General Dynamics (GD) also upgraded to Neutral from Sell at Goldman Sachs with a $176 price target in the defense sector; L3Harris Technologies (LHX) downgraded to Sell from Neutral at Goldman Sachs with a $207 price target, Lockheed Martin (LMT) downgraded to Neutral from Buy with $402 tgt and Woodward ($WWD) downgraded to Sell from Neutral with $102 tgt Loop Capital started Regal Beloit Corp (RBC) with a Buy rating and $180 price target and Timken (TKR) with a Hold rating and $72 price target Grinrod Shipping ($GRIN)842M share Spot Secondary priced at $13.50 Syncrude Canada, majority-owned by Suncor Energy ($SU), cut September supplies due to a mechanical disruption at its Alberta oil sands site, Bloomberg reported Financials Chinese Estates (Holdings) Ltd. is planning to sell all of its shares in China Evergrande Group, as the property investment company is worried about the recent stock-price volatility and financial condition of debt-laden Evergrande. Chinese Estates, which currently holds 751.09 million shares or a 5.66% stake in Evergrande, expects to record a realized loss on the stake of about 1.38 billion Hong Kong dollars ($177.2 million) for the year ending December Remitly Global (RELY)16M share IPO priced at $43.00 The9 ($NCTY), Polygon, an Ethereum scaling platform, and Protocol Labs, a major contributor of open-source projects are forming an ecosystem collaboration on NCTY’s Non-Fungible Token (NFT) platform NFTSTAR and GameFi Play-to-Earn projects Safehold (S$AFE)2M share Secondary priced at $76.00 Willis Towers Watson ($WLTW) raises share buyback program by $4B Raymond James Financials ($RJF) posts Private Client Group assets in fee-based accounts of $643.5B grew 33% Y/Y, thanks to the net addition of financial advisers; record client assets under administration of $1.21T rose from $945.2B in the year ago period and $1.18T in the prior month. Healthcare The FDA has granted Emergency Use Authorization for a booster dose of Pfizer ($PFE)/BioNTech’s ($BNTX) COVID-19 vaccine for those 65 and older, those who work in healthcare settings, and adults at high risk of severe COVID-19. The authorization includes people whose “frequent institutional or occupational exposure to SARS-CoV-2 puts them at high risk of serious complications of COVID-19.” Sterling Check (STER)285M share IPO priced at $23.00 Eargo, Inc. (EAR) shares fell -50% on reports it is the target of a criminal investigation by U.S. DOJ related to insurance reimbursement claims submitted on behalf of customers covered by federal employee health plans; the co is withdrawing its financial guidance for fiscal year ending December 31, 2021 Spectrum Pharma (SPPI) Journal of Clinical Oncology Abstract listing for co.’s ‘poziotinib for patients with HER2 exon 20 mutant non–small-cell lung cancer Cigna Corp (CI) named Eric Palmer as president and chief executive officer of Evernorth, its health services unit that mainly houses its pharmacy benefit management business; also announced several other leadership changes Medirom Healthcare (MRM) rises 39%; after saying that it will buy Japanese private hair salon operator Zacc Kabushiki Kaisha in an all-cash deal of 370.0 mln yen ($3.36M) Thorne HealthTech (THRN) 7M share IPO priced at $10.00 Stifel initiated Buy ratings on Mirati Therapeutics (MRTX) with a $202 price target, Kinnate Biopharma (KNTE) with a $32 price target, and Repare Therapeutics (RPTX) with a $48 price target; Hold ratings on Ideaya Biosciences (IDYA) and Revolution Medicines (RVMD) Needham started SAGE Therapeutics (SAGE) at a Buy and added it to its Conviction List; also initiated Buy ratings on Intra-Cellular Therapeutics (ITCI), Avadel Pharmaceuticals (AVDL), Jazz Pharmaceuticals ($JAZZ), Biogen ($BIIB), Harmony Biosciences ($HRMY), and Hold ratings on Neurocrine Biosciences ($NBIX) and ACADIA Pharmaceuticals (ACAD) Technology, Media & Telecom Blackberry ($BB) shares rose 8% after earnings; Q2 EPS ($0.06) vs est. ($0.07) on revenue $175M vs est. $163.5M Facebook ($FB) chief technology officer Mike Schroepfer said in a Facebook post: “After 13 amazing years at Facebook, I have made the decision to step down as Chief Technology Officer and transition to a new part time role as Facebook’s first Senior Fellow at the company sometime in 2022 EngageSmart ($ESMT)55M share IPO priced at $26.00 Roku ($ROKU) upgraded to Buy from Neutral at Guggenheim
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most of them are just blow hards I have no use for them
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Good Morning guys hope all are enjoying the week
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UK Markets Closed higher yesterday, buoyed by gains in commodity and banking sector stocks. Oxford BioMedica jumped 10.6%, after the company swung to a profit in the first half of the year. Flutter Entertainment advanced 4.1%, after the company announced that it had resolved in full a legal dispute with the Commonwealth of Kentucky. Draper Esprit rose 2.3%, after a top broker raised its target price on the stock from 1000.0p to 1200.0p. Halma added 1.7%, after the technology company reported stronger than expected revenue in the first half of the year. On the flipside, PZ Cussons fell 4.6%, after the leather maker reported a drop in sales in the first quarter. The FTSE 100 gained 1.5%, to close at 7,083.4, while the FTSE 250 rose 0.7%, to end at 23,784.5. . European Markets Also closed higher yesterday, helped by gains in mining and banking sector stocks. Bayerische Motoren Wereke rose 3.2%, amid news that the automaker is developing prototypes of hydrogen fuel-cell passenger vehicle along with their fleets of battery cars as part of its efforts to reduce fossil fuels. Credit Suisse Group added 2.6%, following reports that the lender would be shifting its Asian investment banking operations into its global securities and advisory business as part of overhaul. On the other hand, Deutsche Post fell 1.5%, after US delivery firm FedEx Corp lowered its full year outlook. The FTSEurofirst 300 index gained 1.0%, to close at 1,786.9. Among other European markets, the German DAX Xetra 30 rose 1.0%, to close at 15,506.7, while the French CAC-40 advanced 1.3%, to settle at 6,637.0. . US Markets Closed higher yesterday, after the Federal Reserve Chairman Jerome Powell hinted that tapering of bond purchases could be declared next month. Stitch Fix surged 15.7%, after the online fashion styling company reported an unexpected profit in the fourth quarter. Robinhood Markets climbed 10.9%, after the trading app announced that it would assess crypto wallets with some of the clients next month. General Mills advanced 3.3%, after the food company reported better than expected revenue and earnings in the first quarter. Simon Property Group rose 2.5%, after a top broker upgraded its rating on the stock to ‘Buy’ from ‘Hold’. On the other hand, FedEx dropped 9.1%, after the delivery company reported lesser than expected earnings in the first quarter and lowered its full year earnings estimates as labour shortages slowed packages and gave rise to costs. The S&P 500 gained 1.0%, to settle at 4,395.6. The DJIA rose 1.0% to settle at 34,258.3, while the NASDAQ advanced 1.0%, to close at 14,896.9 . Asian Markets Were trading mixed this morning. In Hong Kong, Meituan, CNOOC and China Resources Land have risen 3.1%, 3.5% and 6.2%, respectively. Meanwhile, AIA Group, Xiaomi and Anta Sports Products have fallen 1.5%, 2.4% and 4.3%, respectively. In South Korea, SK Bioscience, Ajusteel and Century have declined 7.3%, 8.3% and 14.0%, respectively. Meanwhile, Asiana Airlines, Air Busan and Jico have climbed 12.6%, 17.9% and 29.7%, respectively. Markets in Japan are closed today on account of a public holiday. Yesterday, the Nikkei 225 index fell 0.7% to close at 29,639.4. Today, the Hang Seng index is trading 0.9% up at 24,448.8, while the Kospi index is trading 0.5% lower at 3,126.1.
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You are welcome ...
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Thanks @Alex . Got it. HLd = iff(close > nz(sma(high, HPeriod)), 1, iff(close < nz(sma(low, LPeriod)), -1, 0)) HLv = valuewhen(HLd != 0, HLd, 0) HiLo = iff(HLv == -1, sma(high, HPeriod), sma(low, LPeriod)) > @Alex said: The errors are never on the line TV is telling you. Mostly the line before. Take this one. Pretty much the same only some blanks more. Probably before the exclamation mark?
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The errors are never on the line TV is telling you. Mostly the line before. Take this one. Pretty much the same only some blanks more. Probably before the exclamation mark? HLd = iff(close > nz(sma(high, HPeriod)), 1, iff(close < nz(sma(low, LPeriod)), -1, 0)) HLv = valuewhen(HLd != 0, HLd, 0) HiLo = iff(HLv == -1, sma(high, HPeriod), sma(low, LPeriod))
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China seems willing to let Evergrande go. here we would just print the money and bail them out. yet we are supposed to be the scions of Capitalism and free markets where the companies that create value and manage their finances survive and those that don't are left alone to go under.
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What is wrong with this code? I copied and pasted the code and there are errors.
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Anyone good in knowhow about TV and chartlayouts and templates? I have the problem that drawings disapear. I have a multichartlayout with 6 charts on different TF. Doing the drawings on the 1D. Everything looked fine also on the the other charts. Saved it, changed to different symbol and later back. The drawings are only to see on two of the timeframes, but even not on the 1D, where i have down them. Any idea, before start over with lots of work?
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21k with one trade? You are kidding me?
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1.94 on both values are also good.
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TDOC, I got some nov calls I think bio's are ready to explode the 4th qtr..
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IU Watchlist Sept 23: Main Watches: $ATER same as prior days still thinking major squeeze potential but we don't know yet if that was today into close tomorrow's gap and that's that or if we are gonna go crazy and circuit halt etc. I would LOVE to see a gap fade fade fade into 7-8AM make shorts all super comfy and then do the BBIG trap move into circuits. The same thing I've said every morning - there is GREAT short trades here look left and MAKE SURE you are covering into flushes into/above key levels. It's respecting the levels VERY well - very clean trader IF you are trading it. If you are hanging around looking for more like we've talked about guess what - so is everyone else. Your edge is being one step ahead otherwise AVOID. $CEI had a video AHs (ie: CEO drawing on a white board) lol but as you know the army thinks it's amazing. Anyway - in my opinion shorts probably felt most confident today finally chart break etc perhaps felt comfortable holding it over etc finally breaking swing it and then bang big shove AHs. I don't think shorts are bent though - just back towards where they short. So, some will cover some won't but I'd LOVE $1.70 + shove but prolly unlikely higher better and I'd love to re put on the trade for the fade again. Been really nice from the trade plan since that $1.8x's exhaustion day (the first day). $LCID ideally flush off open and looking to get long for a rebound. Nice thoughts today for a weak day. Higher better for back side otherwise gap down flush and looking for rebound. This may change. Remember I have an idea - have a thesis - have a bias for now but if it's wrong the only thing WRONG is forcing your bias. So I won't force it unless proven right. $QS 945-10AM + trend join $PLTR thinking another trade soon no bias but good trader good range. Failed Follow Through: $MRIN down AHs but higher better and more unwind into 7s $WIMI higher better and more fails is ideal. $NNVC nice quiet fader today looking to do same today. Nothing huge just letting it work while trading others. $EDSA morning shove vs. today's highs. $AEMD higher better $5-5.20 + and fade off. Continuation: $ARQQ very small left - pretty nuts from $19-20s so far - minimal minimal left about 10% position. Just kept a few in case goes another $10 bucks - my gut is thinking gap/fail/fade tomorrow. $SOFI joined today high up there on /WSB $ROOT started in for continuation if it fails will move on. $HOOD watch weak open for r/g $EEIQ nice swing trade I had sold out into the last big shove (1/2) and then bailed on rest two days ago clearing out the port of the ones that weren't hanging onto trend but re bought today. Watch to see if buyer stays in tape next few days. $AEHR still have the core swing from $6 - hit new highs today I never got a chance to re scale unfortunately as planned. $VTSI no position eye on it.
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@atlas01 #Emporos Research
is funny , there used to be sites where you could publish journals and articles instantly , full time stamp and no edits , than the rats took over , and now they can barely be found properly , they are putting time constraints like concerned cancers , ABC company behind this with partners , is a desease . . . good thing thete are a few exterior things around
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@DarkPoolAlgo #Dark Pool Charts
the algo is a little different I am trying to find the indicator they are calling "algo"
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if you are wrong and trying to salvage your ego
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if you are right youll make money
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inlaws are here,lol
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you are responsible for any plays you do or don't take
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bears are the stimulus
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the reits are ddifferent
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$QQQ weakened here and are now back within the prior two day trading range. It's a mandatory short playing for the opposite side of the range for me. Let's see if the short term traders can force the bulls out of their positions. FYI - I'm using weekly Puts expiring this Friday.
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lol dont listen to Nav > @sperry said: Explain why you guys are bearish @Navneet & @mzx9
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what I think is that if it came above VWAP is because they are supporting it still
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Explain why you guys are bearish @Navneet & @mzx9
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congress people are the worst offenders
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@Bucketheadsnotes #Market Masters Academy
if any of yall are watching it
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**Nasdaq Futures** As discussed earlier, resistance is dead ahead. After the FOMC decision, there hasn't been any significant directional movement in either direction. Currently, price is contained within a corrective channel and a number of fib projection and retracements are lining up just below chart resistance which comes in at 15309. These technical levels remain consistent with the scenario laid out during "Day Break Stocks" live session.
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@Laz305 #Dark Pool Charts
those entry are the key bro thanks
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@jkchtrades #Dark Pool Charts
and hieght is if u held.. they are still rocking it out
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i'm with a canadian broker....no locate fees...but you're only limited to what's available....most of the hot tickers that are running have restrictions so i can't short those > @SlayerSteak said: How did you find shorts on ATER i was looking this morning but couldn't find any
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If you are fading some of these tickers good time to place a stop order incase any of them want s to do a real nasty swipe up out of no where
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Are you still doing crypto signals?
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maybe many are already de-risked > @HeyShoe said: you would think people will be taking risk off here
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@brendanl37 #Dark Pool Charts
you are overthinking it
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too bad, thought you are full of wisedom about the near future.
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2022 and 2023 are going to be banner years
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Bulls are putting money on more dove speak and can kicking from Powells
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thats odd since I got a notice in the mail saying nat gas prices are going to be less this year
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**S & P 500 Futures Update** As we discussed during "Daybreak Stocks", I was looking at several key levels at an intraday level. As you can see, we've tested and broken the ON high and the 61.8% Fib extension that sat just below the swing low is seeing some front running of the figure (4383.75). As I mentioned, fibs that often sit below a swing high/low are usually significant. If more selling occurs, I'm looking for a rotation lower bf the FED's 2 p.m. announcement. Breaks above open the door to 44250.
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Bonds are creeping right now
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