S&P 500 Stalls at Resistance, Pullback Thesis Is Still On
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What Happened With The Bearish Weekly Setup? $5190 Says NO Again To SP500:
The S&P 500 faces a familiar foe: the $5,190 resistance zone. Despite a bounce off the 20-day moving average (DMA), the index faltered, forming a bearish shooting star candlestick. This, combined with the recent bearish Stochastic crossover and a concerning weekly chart, suggests …