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S&P 500
Benzinga
134 days

How To Trade The Market As Global Trade Tensions Escalate

1. SPY must hold above 496.93 to target 500.17 resistance. 2. Heavy selling below 496.93 could push SPY to 490.11. 3. Market faces volatility from global trade tensions and tariffs. 4. Traders advised to stay cautious amid potential rapid price movements. 5. Key tech stocks like AAPL, MSFT, and NVDA are crucial to S&P 500.

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FAQ

Why Neutral?

Current volatility from trade uncertainties limits bullish sentiment, reminiscent of the 2018 market drawdown.

How important is it?

The emphasis on pivotal price levels in key stocks can shape S&P 500 trends significantly.

Why Short Term?

Market volatility is likely to persist in the immediate future, similar to past trade disputes that affected market trends.

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