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132 days

The stock market may be soaring, but here’s where the sellers are likely waiting - MarketWatch

1. S&P 500 surged 8.7% after tariff 'pause' announcement by Trump. 2. Previous selloff resulted in sharp resistance levels for the market. 3. Technical analyst suggests sell pressure may resume soon. 4. Fibonacci retracement targets suggest potential market consolidation zones. 5. Record trading volume indicates possible tactical lows, but caution remains.

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FAQ

Why Bullish?

The S&P 500's notable bounce indicates potential recovery, although further selling pressure looms.

How important is it?

The news indicates a significant rebound, yet ongoing resistance and potential selling pressure decrease overall market stability.

Why Short Term?

Recent trends indicate volatility could persist, possibly leading to short-term fluctuations.

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