S&P 500 IndexShort
Stocks Lagging
Stocks are ranging, holding a narrow channel between 3526 and 3584. The Kovach OBV has dipped notably. Unless stocks can gear up for a breakout soon, the S&P may have a downside correction. There are a lot of minor levels below for support but 3526, 3485, and 3433 are the most notable. These come from technical as well as Fibonacci numbers. If we can manage to breakout again, then 3634 is our next level above after crossing the vacuum zone.
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