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S&P 500 Index

Temporary Bottom?

By cgh118
Updated
We are now seeing a daily bullish divergence between price and RSI. RSI made a new higher low when the price created a new lower low. I see this as a temporary bottom and a modest recovery.
Comment
Also seeing that we have bounced off of the 200 week moving average support which leads me to believe we will see an upward trajectory for a bit.
Candlestick Analysis
cgh118
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