The SP500 took a considerable dip today and is about to crush through the support line at 3884 points. We remain positive that the SP500 will bounce back and that it will decline a little bit later. As long, as we do not fall below 3816 points, there is little to worry about. In the long run, we stick to a bullish setup.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.