S&P500 Index: Two Potential Scenarios For Next Week 📈
Updated
Hey traders,
S&P500 index is weak and indecisive.
The market is stuck within a horizontal trading range.
Next week, wait for a breakout of a one of its boundaries.
Bearish breakout will trigger a further decline to 4335 level
while a bullish violation will trigger a bullish continuation to 4517.
Wait for a breakout & then follow the market.
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