S&P 500 tested major support last week at 200-day moving average

Here is the view and the setup on the weekly chart

Test at the the 200-day average on the weekly chart


Here is the view and the setup on the daily chart

S&P 500 daily chart showing the test at the 200-day moving average.


“Technical Analysis is about identifying trends”
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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