Once again, the S&P Futures have backtested the bearish rising wedge that began at the March lows. We remain bearish until the bottom channel of the wedge is retaken. Until that happens, we expect the markets to fall to new lows given the risks faced by the markets at this time.
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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.