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Event Brief

Argentina’s Merval Drops ~5% as 3-Million Breakout Fails

The Merval index fell about 5% after a failed breakout above 3 million, marking a significant market selloff.
WHO: Merval index
WHAT: dropped approximately 5%
WHEN: Apr 3, 2026 at 5:58 AM ET
WHERE: Argentina
WHY: Confirmed Tuesday's failed breakout above 3 million as a classic bull trap.
Sources (1): Rio Times

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