Market Update for Wednesday, September 13th, 2023

Good afternoon, traders.

The S&P 500 has continued its consolidation under the 50-day SMA:


In yesterday’s article, I could count the consolidation as 3 waves (you can see that

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Ok, we’ll see what happens. The wrestling match at the 50-day will hopefully be resolved soon.

I hope everyone has a lovely evening.

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