SPX Is still in a downtrend/correction, you name it, however, its not done. Taking OUT 3430 should confirm the continuation of the uptrend though. Bulls have to push it through the wedge and close above 3430. Otherwise, 3280 is next.
@Myantman101, Depends on stimulus and trump's condition. market will sell off anyway if stimulus talks are delayed or trump's condition got worse. However, technically, looks good if retested 3320 then head again to test the upper wedge. any close next week above 3420 would be just fantastic for bulls. like this scenario:
Myantman101
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@AhmedMesbah, Thank you for the detailed information!