The S&P 500 failed to hold early gains, closing slightly lower and stalling at key Fibonacci retracement levels, raising the possibility of a trend change.
The S&P 500 failed to hold early gains, closing slightly lower and stalling at key Fibonacci retracement levels, raising the possibility of a trend change. Weakening market breadth, tightening liquidity from Treasury General Account (TGA) refilling, and global yield spread shifts are reinforcing caution signals for equity investors.
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