Based on the 1Hr RSI and the basic fundamentals around corona virus spike in the US, Regardless of the FED intervention a drop in the index is looming.
Note
I was wrong on this one, Nasdaq took off in a rocket fashion
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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.