S&P500, H4Markets are up today after a big recovery from lows last week's inflation fears and tech sell off. New earnings reports beat expectations as investors eye the Fed's eventual attempt to curb inflation and keep interest rates low. SPX500 on the 4H chart borke above its 200 SMA and is now sitting right above it. If price comes down to test that moving average for support, it could be another buy-the-dip opportunity.
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