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SP 500: Rebound Expected

Pivot (invalidation): 3228.00

Our preference Long positions above 3228.00 with targets at 3324.00 & 3363.00 in extension.

Alternative scenario Below 3228.00 look for further downside with 3175.00 & 3120.00 as targets.

Comment The RSI has broken up its 30 level.

 

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