- Oracle Weekly chart is consolidating near 200 Week SMA.
- If 24.71 levels hold price may start to fade the GAP shown in Daily chart. The expected bounce may not be a big up move as daily chart is still below 200 and 50 day SMA.
- Price sustaining above 50 Hour SMA will favor bulls in the short term. If price starts to fall from 50 Hour SMA then the low 24.71 and 200 Week SMA may get tested in the coming weeks.
- SPX YEAR END ANALYSIS
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