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Aug 27, 2022 12:40 PM

S&P 500 Daily Chart Analysis For August 26, 2022  

S&P 500SP

Description

Technical Analysis and Outlook
The current market fate is the newly created Mean Res 4205 - inverse from Mean Sup 4205. This was a critical sell zone if you short minded. The current downtrend is expected to continue to Inner Index Dip 3965. Interim bullish moves are possible within the current downtrend.

Comment

We are seeing a 4050 rebound target.
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