The S&P 500 on Friday broke to the downside only to find buyers that created a bouncy bottom for trading that day. If indeed buyers have returned can they follow through. Ideally you'd want to see the market closing above 5800 by the close of Tuesday if indeed buyers have returned to the market.
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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.