Technical Analysis on .SPX
Soon the bouncing cat will have visitors.
Sentiment is already shifting on X— if my speculating is correct this $S&P 500(.SPX)$ rally has ~75 pts of upside towards 5150 before stalling and resuming the corrective decline that started at the beginning of the month.
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S&P 500 thoughts mid week: “a phase where the majority of participants are convinced it has reached its conclusion”— this seems well underway …
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