SPX is approaching the 0.618 and 55EMA with massive momentum. I'm pretty confident it will break it, confirm as support and continue its way to the 1.618 In the medium and longterm I see a lot of upward potential. Looks like the market is swinging back to Risk-on mode very quickly
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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.