S&P 500 Rallying to a new highs erasing losses from the glut amid recession worries. I think recession risks are already in price. 4100 level proved to be a strong support level. All longs are justified. 100 MA level is a significant point of taking profits or adding to a position if the price goes higher through it.
Note
Remember i am not your financial advisor. You are at your own risk. This is not an investment advice.
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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.