SPX500 has dropped 25% from its peak on Jan 22.
It has recouped around 14.5% loss and it is above 200 EMA.
The trend appears to have reversed. The market is in a bull phase now.
It is safe to be long if the market is above 4,200 levels.
It has recouped around 14.5% loss and it is above 200 EMA.
The trend appears to have reversed. The market is in a bull phase now.
It is safe to be long if the market is above 4,200 levels.
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