The S&P 500 has retraced to the 76.4% level from the august 8 low to the august 19 high. Current levels suggest a support at the rising TL around 193x.xx level. Resumption of uptrend look possible. May be invalidated if prices closes below TL.
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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.