S&P 500 continues to struggle with overhead resistance

Thursday, 1 June 2023

From a medium-term perspective, we think that the upside potential for the benchmark S&P 500 is significantly smaller than the downside risks..

 

Announcement: This report is issued one week earlier than normal due to the author being out of the office in the next two weeks. Normal by-weekly publication of the Technical Trend Outlook report will resume on Thursday June 22, 2023.

 

 

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Maria Thorvardardottir

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Maria Thorvardardottir