$SPX took out the 50 day moving avg to the downside and is now at the 38.1% retrace of the rally off the pandemic lows (again) 3 year and 1 yr daily bar charts below. Near term I suspect we'll hit, maybe stop hunt below the 38% retrace, then rebound back to the 50 day on Mon.
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Welp, we came back up to the 50 day sma, just sooner than I expected.