Updated: Jun 12, 2020
Technically S&P500 has all the reasons to test 2080 [Leg1DN] by mid April 2020 & bounce.. Very high probability, it shall witness one way rally for rest of the US Election year [Wave1UP] to test the upper trend line @3100 odd levels, later in 2020.
Another view is S&P500 has already tested the decade old Trend line @2367, is it ripe for recovery or shall head towards 2080? Let's see what market has in store ...
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