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Thoughts on $SPX500 potentially retesting 7500
I'm looking at the $SPX500 here, hovering around 7483.24. Given the recent chop and today's range (7427.55–7540.75), I'd put the odds of seeing a retest of 7500 before week's end at about 60%. There's still decent buying pressure on dips, suggesting the bulls aren't completely done yet, even if we are seeing some consolidation.
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