The structure on Wednesday in the S&P 500 daily chart implies some market that is in a balanced condition and provides a wait and see market environment. It is waiting for additional information to respond to. The biases still for move to the upside. The next objective higher is 6175.
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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.