SPX500 could be gearing up for a bigger retracement than its cousin NAS100. After a strong bearish close last week, price action suggests it's targeting the lows. With upward trendlines under pressure, we may see continued breaks to the downside. Is this just a dip or the start of something bigger? Stay alert!
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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.