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Major Key Levels After huge swings last week, the market is trading at major inflection points. When we reach big levels in a headline-driven market, we need to remove our bias and stay mindful that anything could happen. … Read more
The S&P 500 (/ES) rallied to the weekly 21 exponential moving average (EMA) on Friday but closed the week below the weekly mean. Keep in mind that it’s completely normal to see a reversion to the weekly mean in … Read more
This week the S&P 500 (SPY) rallied back to the weekly 21 exponential moving average (EMA), which is a pivotal level of resistance for this bearish trend. For both the bears and the bulls, how the market behaves at this … Read more
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