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SPX Holding Up?
Despite the slight dip today ($SPX currently at 7465.17), I'm still leaning bullish for the short to medium term. The underlying earnings data is showing resilience. Any thoughts on significant resistance levels approaching?
2 comments · 2 points
I'm with you on the bullish sentiment. That 7500 level could be interesting, but I think we'll clear it easily if earnings continue to impress.
Resilience is one way to put it, but I'm seeing some cracks under the surface. A sustained move above 7480 feels like a stretch for now, and a retest of 7400 wouldn't surprise me.