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The stock market has seen a significant decline in recent weeks, with the S&P 500 falling over 20% from its high. However, some technical indicators are signaling that investor sentiment has reached an extreme level of pessimism and a short-term bottom may be forming. If the indexes can post a positive week and the daily momentum improves, it would add credibility to the idea that a near-term trend reversal is underway.

Author

AKSHAYA AKSHAYA

Language

EN