SP500 seems to be bottoming here and if it can break above the triangle, it should start a new uptrend. Please note the blue path is just to show that a new uptrend will being. It isn't price or time targets.
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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.