At the time of writing, SP500 30minute chart shows correction going on. SP500 is finding difficult to sustain above 1224 levels. Macd has to support the price structure incase we have to move upwards.The daily price and technicals still point up but it has been two days of indecision. So the upward movement is failing at the moment if things continue to be as they have been in the last 2 days.
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