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The week of Easter has typically held a positive tone, with the largest and most consistent gains coming right before the ...
The recent advance has been so swift that it has left three gaps on the SPX chart, and those types of short-term gaps are often filled. But there really isn’t any verified support, except for the ...
The S&P 500 could bounce over the near term to 5500 if we are past peak policy uncertainty. Learn why I think corporate ...
U.S. stocks are still trading at a pretty lofty level despite recent wild swings in the financial markets. Investors now ...
Even so, below that there is further support, both in terms of the bullish island reversal that is still in place (circled on the accompanying SPX chart), as well as the multiple support at 5,670.
On the upside for the SPX, a 38.2% retracement of the decline is at 5,750; a 50% take-back comes in at 5,825; and the key 61.8% retracement lies at 5,900. Initial chart resistance comes in at ...