There is very important intermediate area that we are in right now, where a multi-month decline or sideways-to-lower is likely to take place in crude (/CL), says David Williams of Pagetrader. If the S&P 500 (/ES) reaches the level 4360 to 4370 level, their outlook is that the S&P will go down into the first half of 2024, with a minimum target of 3860. He give his predictions on the U.S. Dollar (/DX).
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