SPX - Corrective bounce in play

$S&P 500(.SPX)$ - Corrective bounce in play:

As anticipated over the weekend, the move is in effect. The $5,506 support zone held firm on Monday morning, leading to a bounce that reached 20-day moving average resistance today.

While a retracement is possible, April is set to reach a higher level than today's close as the arrows highlight.

Opted for the purple line from the pathways posted on March 12th.

Did you hold off on selling your longs anticipating a buy-the-dip scenario? Or you entered longs, only to see the market keep plunging?

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$

Image

Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.

Other helpful links:

💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The $5,506 support zone held firm on Monday morning, leading to a bounce that reached 20-day moving average resistance today. </p><p>While a retracement is possible, April is set to reach a higher level than today's close as the arrows highlight.</p><p>Opted for the purple line from the pathways posted on March 12th.</p><p>Did you hold off on selling your longs anticipating a buy-the-dip scenario? Or you entered longs, only to see the market keep plunging?</p><p> <a data-mention-id=\"SPY\" class=\"teditor-mention\" data-mention-name=\"SPDR S&amp;P 500 ETF Trust\" href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a>  <a data-mention-id=\"QQQ\" class=\"teditor-mention\" data-mention-name=\"Invesco QQQ\" href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a>  <a data-mention-id=\"IWM\" class=\"teditor-mention\" data-mention-name=\"iShares Russell 2000 ETF\" href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a>  </p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/da03cfc8cb16c89121988fec8db7f4bc\" tg-width=\"680\" tg-height=\"408\"><span>Image</span></p><p style=\"text-align: left;\"><strong>Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.</strong></p><p style=\"text-align: left;\">Other helpful links:</p><p style=\"text-align: left;\"><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" target=\"_blank\" class=\"\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p><ul style=\"list-style-type: disc;\"><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/help/detail/06324754?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to open a CBA.\" target=\"_blank\" class=\"\">How to open a CBA.</a></p></li><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/help/detail/how-to-link-CDP?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to link your CDP account.\" target=\"_blank\" class=\"\">How to link your CDP account.</a></p></li><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/help/detail/contra-faq?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"Other FAQs on CBA.\" target=\"_blank\" class=\"\">Other FAQs on CBA.</a></p></li><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/invest/cash-boost\" title=\"Cash Boost Account Website.\" target=\"_blank\" class=\"\">Cash Boost Account Website.</a></p><p></p></li></ul><p><img src=\"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d\"></p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>  - Corrective bounce in play: </p><p>As anticipated over the weekend, the move is in effect. The $5,506 support zone held firm on Monday morning, leading to a bounce that reached 20-day moving average resistance today. </p><p>While a retracement is possible, April is set to reach a higher level than today's close as the arrows highlight.</p><p>Opted for the purple line from the pathways posted on March 12th.</p><p>Did you hold off on selling your longs anticipating a buy-the-dip scenario? Or you entered longs, only to see the market keep plunging?</p><p> <a data-mention-id=\"SPY\" class=\"teditor-mention\" data-mention-name=\"SPDR S&amp;P 500 ETF Trust\" href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a>  <a data-mention-id=\"QQQ\" class=\"teditor-mention\" data-mention-name=\"Invesco QQQ\" href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a>  <a data-mention-id=\"IWM\" class=\"teditor-mention\" data-mention-name=\"iShares Russell 2000 ETF\" href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a>  </p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/da03cfc8cb16c89121988fec8db7f4bc\" tg-width=\"680\" tg-height=\"408\"><span>Image</span></p><p style=\"text-align: left;\"><strong>Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.</strong></p><p style=\"text-align: left;\">Other helpful links:</p><p style=\"text-align: left;\"><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" target=\"_blank\" class=\"\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p><ul style=\"list-style-type: disc;\"><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/help/detail/06324754?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to open a CBA.\" target=\"_blank\" class=\"\">How to open a CBA.</a></p></li><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/help/detail/how-to-link-CDP?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to link your CDP account.\" target=\"_blank\" class=\"\">How to link your CDP account.</a></p></li><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/help/detail/contra-faq?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"Other FAQs on CBA.\" target=\"_blank\" class=\"\">Other FAQs on CBA.</a></p></li><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/invest/cash-boost\" title=\"Cash Boost Account Website.\" target=\"_blank\" class=\"\">Cash Boost Account Website.</a></p><p></p></li></ul><p><img src=\"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d\"></p></body></html>","text":"$S&P 500(.SPX)$ - Corrective bounce in play: As anticipated over the weekend, the move is in effect. The $5,506 support zone held firm on Monday morning, leading to a bounce that reached 20-day moving average resistance today. While a retracement is possible, April is set to reach a higher level than today's close as the arrows highlight. Opted for the purple line from the pathways posted on March 12th. Did you hold off on selling your longs anticipating a buy-the-dip scenario? Or you entered longs, only to see the market keep plunging? $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ Image Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","highlighted":1,"essential":1,"paper":2,"likeSize":441,"commentSize":0,"repostSize":22,"favoriteSize":0,"link":"https://ttm.financial/post/420368579277240","repostId":0,"isVote":1,"tweetType":1,"viewCount":2911,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["QQQ",".SPX","SPY","IWM"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":826,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/420368579277240"}