$S&P 500(.SPX)$ - Gap Filled and indecisive candle, is the pullback done?
The oscillator says no, bearish continuation is likely.
Weak price action, just 38% of the selloff was recovered.
A bounce is coming, but from lower levels.
All eyes on the 50DMA nearing 200DMA
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$
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Double gap tomorrow with price opening at Friday's close?
What is more important is the loss of the 200DMA which is very bearish, and the potential cross with the 50DMA is a major event.
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