MARKET UPDATE: S&P 500
S&P 500 impeccably dismissed from areas of strength for the zone as anticipated. As the bears are ruling and the negative volume is expanding, we can anticipate a descending push toward the horizontal support
There is a possibility of the last leg down and a higher possibility of creating a 3-tap setup in the S&P 500. We can expect a strong bounce in S&P 500 in the 2nd week of January from the horizontal support. That would likewise be a bullish sign for the crypto market as it generally works in the same manner to it.
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