S&P 500 will test support around the 40-week moving average which translates into a 10% correction. It must stop there or I will need a more dire post.

S&P 500 3-Year Chart


“Technical Analysis is about putting the probabilities on your side.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
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