Written by Jim Welsh
Macro Tides Weekly Technical Review 26October 2020
S&P 500′s Close below 3415 is Bearish
As noted in the September 21 WTR, the S&P 500 was expected to rebound after finding a low just above 3200:
“The S&P 500 could rally back up to 3330 – 3355, but a dip below 3200 seems likely sooner or later.”
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