Hi Heremes
Look where it last bounced probably a good indicator it will probably bounce off that level again.
I am being a little bit optimistic but that 50% level says it happend before. Also there is still a stack of cash sitting on the sidelines currently and alot people out there are buying selected stocks at bargain prices really.
If it keeps going down then I am wrong but still I dont trade SP500 so I dont worry about such things.
Hi HeremesLook where it last bounced probably a good indicator...
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