StoXtrading
Long

SPX SPY

SP:SPX   S&P 500 Index
61 1 0
Uptrend still intact.
While I don't disagree that the trend is still in tact, I also don't think its' fair to say that we should go long YET until we have a confirmed bounce. It's still possible that we could fall through that bottom trend line at which the bearish move is back on. That all being said, I believe we are going to bounce off of the 50 EMA.
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