pisaniello

S&P 500 - Potential Dead-Cat Bounce

Short
SP:SPX   S&P 500 Index
The S&P 500 gapped down yesterday on the daily chart.

It looks like a potential dead-cat bounce is setting up.

Let's see if the price finds support at the 2645 level, has a short correction, and then continues its decline to 2600 or lower.

~KP
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