S+P 500 Turns Weekly Trend Down! Multi-Week Bounce Should Precede New Decline.
08/19/23 – “Stock indexes have sold off into the ~10-day period (Aug 18 – 28, ’23) when a low has been anticipated. Until that period is lapsed, there remains the risk of additional downside spikes. For now, most indexes have reached the downside objectives for a ‘normal’ correction. They now need to [reserved for subscribers]… Stock Indices have sold off to initial downside targets, ushering […]
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