Overdone
The down movement on Friday in the S&P 500 implies a market that is overdone to the downside. This means that the typical reaction would be an inside day on Monday as this market catches its breath.
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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.