S&P 500 posts biggest daily gain in two months as rebound continues

The S&P 500 registered its largest one-day percentage gain in about two months on Thursday, with technology shares providing the biggest boost as equities continued to rebound along with bond yields.  All major sectors advanced at least 1%, and the S&P 500 technology index, which was at the heart of the recent sell-off, climbed 2.4%. The benchmark S&P 500 extended a rebound that began on Wednesday and closed near its high of the day. The index gained 4% from Wednesday’s intraday bottom to Thursday’s close. CONFIDENT BACK FOR FED TO REDUCE RATE.

TODAY TECHNICAL CHART

KEY POINTS

  • We are taking market execution
  • Draw up your trading plan
  • Establish your good TP & SL as taught in the class
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KEY POINTS

  • We are taking market execution
  • Draw up your trading plan
  • Establish your good TP & SL as taught in the class
  • Have good Money management that includes Risk/Reward

 

KEY POINTS

  • We are taking market execution
  • Draw up your trading plan
  • Establish your good TP & SL as taught in the class
  • Have good Money management that includes Risk/Reward

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