A sideways move for the S&P at current levels would make sense for the market to cool off and build value for what I believe would be the next leg to the upside. Friday will be important to see if these buyers can maintain their commitment to 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.