I agree, the downtrend has been broken, but the sp still has challenges ahead of it. I notice the closing price today is just above the support/resistance line from the same time period, so imo, the price has not committed to an uptrend. See what happens in the next day or two... looking for confirmation with increasing volume. Another couple of days of negative sentiment in equities could also trigger a move in either upwards. So the fun continues...
I agree, the downtrend has been broken, but the sp still has...
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