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S&P 500 Rebound Expected

Pivot (invalidation): 2731.00

Our preference Long positions above 2731.00 with targets at 2776.00 & 2810.00 in extension.

Alternative scenario Below 2731.00 look for further downside with 2710.00 & 2692.00 as targets.

Comment A support base at 2731.00 has formed and has allowed for a temporary stabilisation.

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