The S&P 500, along with other major US market indices and ETFs, is setting up the completion of a triangle correction that could mean a bit more short-term downside before a thrust upward to complete the final subwave of th bull market (the 5 of the 5). A major correction should be expected immediately thereafter.
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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.