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Scandex Market Update – March 25

Scandinavian Capital Markets

After today’s rally, SPX has retraced 23.6% of the decline from the Feb high. Bigger levels for resistance are the 38.2% at 2592 and ultimately the 50% level, median line, and June low at 2729. I think that’s where the market is headed before another leg lower begins.

Scandinavian Capital Markets Review

Source: https://scandinavianmarkets.com/trading-news/scandex-market-update-march-25/
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