S&P INTRADAY oversold bounce back

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Trump threatened a 50% import tax on China, adding confusion over his global tariffs. China promised to hit back and moved to support its markets.
Stocks bounced slightly as investors looked for bargains, but uncertainty around U.S. trade policy remains. U.S. Treasuries rose after falling on Monday.
Wall Street is getting more cautious. BlackRock downgraded U.S. stocks, and Goldman Sachs warned the selloff could turn into a longer bear market.

Key Support and Resistance Levels

Resistance Level 1: 5273

Resistance Level 2: 5379

Resistance Level 3: 5510

Support Level 1: 4815

Support Level 2: 4700

Support Level 3: 4585

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