$S&P;500; UPDATE

$S&P;500; has accelerated the anticipated decline in recent days.
In my update here on 22nd,SEPTEMBER
I shared 4300 and 4275 as Targets on downside.
MARKET have achieved both targets,
and is now standing at a very Important medium term support.
Last time we discussed it as well.
Zone of 4,200-4,250 is going to be extremely important.
Once this zone breaks,
we would expect very sharp cuts in coming days.
Now when DXY have gone above 106 and 10,Y, yields have printed 16,year highs everyone is busy justifying the recent fall.
For several months I have maintained a BULLISH view on $ and in my opinion,
the rally in $ is likely to last for much longer.
Pull backs from here would certainly be bought.
For very short term on S&P we are closely watching yesterdays low,
If that holds,
We should see a relief rally which should last for few days.

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