The characteristics of an impulsive market feature strong momentum in one direction followed by only brief pullbacks. This might currently be taking place in the US500.I which upon a break above 1948 without first having violated the 1902 level have decent odds for further strong bullish momentum.
from Tools feed https://www.tradingfloor.com/posts/sp500-pullback-could-set-up-third-wave-breakout-7152187?utm_medium=tf4-feed&utm_source=extract
SP500 pullback could set up third wave breakout
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