Good afternoon, traders. As mentioned yesterday, SPX reached several areas of confluence at 4325 which constituted a valid pull-back area. Currently, the market is testing previous areas of support on this uptrend.
Looking forward, I expect a shallow move to the downside to complete wave 4, prior to heading upwards to finish this structure. Stay tuned.
Looking forward, I expect a shallow move to the downside to complete wave 4, prior to heading upwards to finish this structure. Stay tuned.
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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.