1670 is the key value to a major correction on S&P500.
Since huge Pomo today is not giving a bid on markets we can say that market is too weak and due for a break of 1670. Keeping short and adding on the break.
The Treasury Market Matters More Than the Next Fed Move
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LPL Research discusses that while markets focus on the Fed, history
suggests Treasury yields and economic fundamentals matter more for
long-term returns.
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