SPX500 - Critical support now at 4583 - Possible new top?
As I've been saying all along, the turn lower is not yet fully in play. As we have bounce and the upward move looks strong at this stage, we may yet revisit the highs. I am however expecting a renewed drop once again in the coming weeks/month. Critical support now at 4583. I'm careful about buying at this point as to me this would be like trying to pick up dimes and nickels in front of a steam roller.
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