A good chance S&P 500 reversed today. Let’s have a look from six different angles.
In this daily analysis, I will traditionally evaluate the candles that SPX formed on multiple frames, compare them to the candle formations in other major US indices. We will look into bonds, Dollar Index, Volatility, a few Large Caps and Commodities. We will also discuss technical events on different frames and analyze the long- and short-term perspectives for SP500 using Elliott Waves.
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