S&P correction cheat sheet
These are the battle lines for the S&P. Green trend line is support. If that breaks with volume, high probability move to first red line - 6.5% correction (mild). If that breaks, next bear target would be second red line - 10% correction (medium). Then third red line is 15% correction (hot), fourth red line is 20% correction (flaming hot). Buy zones are between the 100 and 200 EMAs on the daily chart. 200 - 400 EMAs if ya nasty
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