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How To Trade SPY And Top Tech Stocks, As Tentative China-US Pact Lifts Global Gloom

1. SPY targets 583.18; a break suggests further gains to 587.31. 2. U.S.-China tariff reductions may enhance market volatility. 3. Bulls should defend critical levels across major tech stocks. 4. Short-term sentiment may fluctuate with market reactions to Fed member's speech. 5. Technical levels are essential for tactical trading strategies.

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FAQ

Why Bullish?

The tariff reductions can support S&P 500, similar to past trade agreement impacts.

How important is it?

Tariff negotiations influence investor sentiment, relevant to S&P 500 performance.

Why Short Term?

Momentum shifts due to immediate geopolitical events tend to affect short-term trading.

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