Latest observations on the SP500: Despite recent upward movements, I continue to view both SP500 and Oil as being within broader correlated downtrends.
The recent price action likely represents a corrective phase rather than a reversal.
The recent price action likely represents a corrective phase rather than a reversal.
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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.