The beginning of the next bull market.
This box represented both the stop-loss and the buying zone. The index closing above the box confirms the start of a new bull run, expected to continue until mid-December. The end of the correction was confirmed yesterday, with most of the selling driven by retail investors.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.