MacroVoices #380 Jim Bianco: FOMC to China to Dollar to AI
Macro Voices
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The S&P 500: What Levels Are You Watching?
The implied move for the July 21st, monthly op-ex is 120 points. The upper expected move is 4,480, just below the key level of 4,500. Key support below is at 4,300, 4,250, 4,200, and then the keylevel of 4,000. I think that we may be seeing swing highs. It's such a strong bull trend that I think it's a little dangerous trying to be so bold.
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