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An important day for the S&P500 The price action of S&P500 fu | Russian Market

An important day for the S&P500

The price action of S&P500 futures is closely watched today for confirmation of the rally that was initiated last Friday. The index recorded its sixth week of losses last week as every rally during the past weeks failed to last long.

The key support level to watch for on S&P500 futures is $3,930, should it break this level, the index is likely to retest its last week's lows of $3,860.

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