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S&P 500's Trading Pattern Echoes 2011 Bottom: Technical Analysis
Bloomberg Last year, the S&P 500 dipped on Oct. 3 to a level not seen since September 2010, with the RSI holding above its August low. The index then surged by 29 percent over the next six months. “This divergence highlights that sellers are losing momentum and … Wall Street bounces higher as fewer jobless claims, Chinese interest rate cut … |