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SPY Likely to Have a Bullish Rebound around $500
SPY has been gradually declining throughout the month of April with 3 weeks of downside. I think bulls are trying to defend the $500 price level here, and there is likely to be a bullish rebound. ChartChamp socials: https://linktr.ee/realchartchamp
Read MorePotential Market Downturns: Still a Chance to Seize Opportunities
Recent data from top Wall Street analysts has raised red flags about the high levels of investor exposure to stocks, leading to fears of a potential market downturn. A survey conducted by Bank of America Corp, which involved 224 participants with a total of $638 billion in assets under management, found that investors have allocated […]Read More
SPY Potentially Rebounding around $502-504
$SPY has opened today’s daily candle with a bullish gap higher. Yesterday I discussed SPY potentially forming a rebound at these price levels around $502-504. I would carefully monitor for a rebound here to see if SPY starts trending back up again. ChartChamp socials: https://linktr.ee/realchartchamp
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