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S&P 500 Index

S&P500 outlook

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Friday close showed massive rejection and potential for a B-wave to finally be over, based on the count from previous week. If that is so, then we are going down from here, for now targeting 200SMA and 3000 level.
Weekend charts show slight bearish momentum in indices and news came out of a further spike in virus cases in USA, particularly Florida.

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Antonio_trader
Elliott WaveIndicesSPX (S&P 500 Index)S&P 500 (SPX500)US SPX 500Trend Analysisus500Wave Analysis

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Elliott WaveIndicesSPX (S&P 500 Index)S&P 500 (SPX500)US SPX 500Trend Analysisus500Wave Analysis
Antonio_trader

Related publications

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.