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S&P 500 Index

$SPX Flirting With a Bear Market alongside $QQQ

50
NASDAQ fell another 4% touching down 26%

S&P 500 walking a tight rope falling 21% to play with the idea of a Bear Market, but has rebounded a bit.

QQQ did have a stronger response from buyers than SPX

Nonetheless, we would need several WEEKLY closes sub 20% losses to enter a textbook Bear Market.
jonnieking
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200wmabearmarketEconomic CyclesMoving AveragesnasdaqQQQSPX (S&P 500 Index)S&P 500 (SPX500)Support and Resistance

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200wmabearmarketEconomic CyclesMoving AveragesnasdaqQQQSPX (S&P 500 Index)S&P 500 (SPX500)Support and Resistance
jonnieking
Also on:

Related publications

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.