Martzee
Long

Bounce play still intact

FX:SPX500   S&P 500 Index
266 0 2
March 11 trading brought the market drifting lower. Does it mean sellers are done with selling or are they getting ready for a new wave of selling? It seems that nothing has changed so far and we still may see some uptrend bounce prior to renewed selling, unless we see some kind of recovery. The support at 2040 seems to be holding as of now. Tomorrow will show more action.
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