S\u0026P 500 Forecast: Index Continues to Threaten a Breakdown

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S\u0026P 500 Forecast: Index Continues to Threaten a Breakdown
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SP500 Index Continues to Threaten a Breakdown - stockmarkets StockMarket stocks stocktrading SPX

If we do break through that level, anticipate that the S&P 500 E-mini contract could go down to the 3600 level, followed by the 3500 level.

The play might be to wait for some type of bounce to start shorting, and quite frankly I was a bit surprised to see that this market could not bounce significantly after last week’s selloff.

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