SPX Levels Hold Steady Amid Volatile Week, Bulls Gain an Edge
Today's wild intraday price action catered to both bears and bulls, as the SPX levels KG highlighted earlier in the week held firm. Following favorable comments from Jerome Powell at Jackson Hole, the market experienced a measured ramp into the close, giving the bulls a slight advantage as the week concluded. Looking ahead, economic data next week, including PCE and GDP reports, seems to favor continued bullish momentum.
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