SPX posted massive gains in the past three weeks
A short term pullback driven by profit taking and mean reversion seems likely
Downside Target @ 6800-6900$ area - meeting 20 SMA and AVWAP from 2026 highs and lows
Upside Risk @ 7100$
A short term pullback driven by profit taking and mean reversion seems likely
Downside Target @ 6800-6900$ area - meeting 20 SMA and AVWAP from 2026 highs and lows
Upside Risk @ 7100$
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
