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📈Technical/Fundamental/Target Standpoint⬅️
1. Long-Term Perspective: While recent market volatility may induce panic, it's crucial to acknowledge the S&P 500's overarching upward trend. Periods of consolidation are inherent to sustained rallies, allowing the market to build momentum for further advances. However, given prevailing economic uncertainties—including inflation, tariffs, and signs of rally exhaustion—a healthy correction towards Q1-Q2 2024 price levels is plausible.
2. Short- to Medium-Term Outlook: A near-term retest of the 6,000 level is anticipated, followed by a subsequent retracement. In this period of heightened uncertainty, a cautious approach is recommended for bullish positions.
3. Technical Considerations: Current weekly and monthly chart patterns remain in development. In light of this, prioritizing the preservation of existing gains is paramount, a strategy that appears to be underemphasized in current market discussions.
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...🎉🎉🎉Before You Go🎉🎉🎉…
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Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback!
- RoninAITrader
________________________________________________________
________________________________________________________
..........✋NFA👍..........
📈Technical/Fundamental/Target Standpoint⬅️
1. Long-Term Perspective: While recent market volatility may induce panic, it's crucial to acknowledge the S&P 500's overarching upward trend. Periods of consolidation are inherent to sustained rallies, allowing the market to build momentum for further advances. However, given prevailing economic uncertainties—including inflation, tariffs, and signs of rally exhaustion—a healthy correction towards Q1-Q2 2024 price levels is plausible.
2. Short- to Medium-Term Outlook: A near-term retest of the 6,000 level is anticipated, followed by a subsequent retracement. In this period of heightened uncertainty, a cautious approach is recommended for bullish positions.
3. Technical Considerations: Current weekly and monthly chart patterns remain in development. In light of this, prioritizing the preservation of existing gains is paramount, a strategy that appears to be underemphasized in current market discussions.
==============================
...🎉🎉🎉Before You Go🎉🎉🎉…
==============================
Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback!
- RoninAITrader
İşlem aktif
Didn't expect this to play out that quickly, but we are at our long term support bottom channel line. Expecting a rebound either late April or May
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.