The index is reaching a previous level of support( even though not really strong) but with oversold condition, this might create a short term push-up for day traders! For long term investors, I am not sure that this market is finished to correct deeper! Be careful and stay safe!
Note
Nice pop-up from support! Not yet out of the woods! Stay safe :)
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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.