Too_Ray1

S&P500 Choppy Previous Week - Potential further declines

TVC:SPX   S&P 500
Price has been range bound now for the last couple of weeks and I wouldn't be surprised if we move lower in the coming week, falling into the 2700 handle as The SPX failed last week to create new highs. I think the market needs a strong catalyst to break the most recent high around 2900, however I wouldn't add a any new positions until we break the 3000 handle. Alternatively I think buys will look good around 2700. My overall bias for the marker remains bullish!

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