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Sunday, May 4, 2025

SPX: Short term bearish to touch gap? And fill?

SPX: Short term bearish to touch gap? And fill?

S&P 500 SP:SPX

Looking like there is apparently “no tariff talks” per China.

We’re still in such an uptrend, but looking for a short-term pull back on negative news. Also we have FOMC this week. Does Powell give what Trump and the people want, a rate cut?


I’m looking for 5678.33 to
- TP1: 5672.46
- TP2: 5635.06

Possible touch or fill gap of below 5603.21?

Let me know what you think. Do your DD, not FA. Let’s see what the week brings.



source https://www.tradingview.com/chart/SPX/rurViYAT-SPX-Short-term-bearish-to-touch-gap-And-fill/

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