S&P has left its upward trend channel. Now I expect a downward movement to the next drawn trend line, which intersects with the 0.236 fibonacci retracement. It will then be interesting to see whether he continues his upward movement or whether he will continue to slump down.
Have a nice day!
Have a nice day!
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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.