The S&P 500 has retraced quickly to a known support target and
we’ll focus on this current confluence level with great interest.
Let’s highlight this level and plan a pathway if buyers fail to
intervene here as they’ve done in the past (on the weekly chart).
A simple plan would have us focus on the 2,020 highlighted confluence of the September price high with the rising 50 day EMA. (more)
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