S&P 200-Day MA meets trendline
Look back at S&P history and see that when S&P bounces or breaks out of the 200-day MA, it stays that course for a while. It is also coming up against resistance of a downward trendline.
What the S&P does of the next few day could very well determine which way the market is heading.
What the S&P does of the next few day could very well determine which way the market is heading.
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