S&P 500 Index

๐Ÿ“‰๐Ÿ“ˆS&P500 What Move Will It Make?๐Ÿ“‰๐Ÿ“ˆ

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๐Ÿ“‰๐Ÿ“ˆS&P500 What Move Will It Make?

๐Ÿ“‰๐Ÿ“ˆThis post is a direct continuation of a previous post in which I wrote about the price falling into an important support zone:
InvestMate|S&P500 It's On A Support Zone Watch Out!๐Ÿ“‰๐Ÿ“ˆ


๐Ÿ“‰๐Ÿ“ˆAs I have already written we are at an important support zone.

๐Ÿ“‰๐Ÿ“ˆAnd as far as we can see so far there is no sign of any reaction from buyers.

๐Ÿ“‰๐Ÿ“ˆFor now, we have to wait and watch how the price will behave in the next few days.

๐Ÿ“‰๐Ÿ“ˆThe technical environment does not support the continuation of growth, but this can reverse at any time.

๐Ÿ“‰๐Ÿ“ˆIf we were to continue the uptrend, we would need to rebound from the support zone and head north.

๐Ÿ“‰๐Ÿ“ˆThe scenario I am playing out is to wait to see what decision traders make in relation to direction. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

๐Ÿš€If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐Ÿš€

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