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Chart of the Day: S&P 500 Buying the Dips Year-to-Date

There were six “buy the dip” formations this year so far. Is this latest correction going to be another buying opportunity or the beginning of an extended correction?

Here is the chart of the day.


Disclaimer:  No part of the analysis in this blog constitutes a trade recommendation. The past performance of any trading system or methodology is not necessarily indicative of future results. Read the full disclaimer here.

Charting and backtesting program: Amibroker. Data provider: Norgate Data

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