The price movement in the S&P 500 this past week was volatile. However, on the close of Friday Powell's comments created a certain degree of comfort in the market and we saw a positive close to Friday's action. The next test will be a close above 5825 on Monday. This would be an indication that buyers are continuing to support this market.
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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.