Although there was a positive close in the S&P 500 daily chart, sellers appeared at new highs. The broader structure is a neutral zone. This implies the possibility of a down day on Friday but not a large move lower. It will be very interesting to see how this market absorbs the Friday economic reports.
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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.