the circle marks the spot where the s&p may turn into a downtrend considering the fundamentals of the American economy, however, if the fed does execute the unlimited printing of money which in turn may inflate the stock market we could see an uncalled-for bounce to new highs.
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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.