S&P500 is reaching oversold with RSI 25. Down 8% from 1422 high, a 10% correction and 200sma are both at 1278......is that going to provide the level for the bounce back to 1325. Bulls need a move above Daily pivot 1311 and then 1330 the 50ema on 30min chart to provide the end of the current downturn.....
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