Markets are yet to commit to anything from a technical perspective. The SPX downtrend may extend toward 2532 (February’s SPX low), or it could rebound toward the 2800 resistance level. That’s an election for you. At this point, things are so tight we have little more than a guess to go on.
So for the week, hang on tight. We could see anything.
Next week, we’ll get back to work.
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