S&P 500 index gained 1.5% on Thursday, as it retraced some of its recent sell-off, following Wednesday's downward reversal. The broad stock market traded the lowest since early October, before bouncing off from around 2,530. Is this two-week-long sell-off the beginning of a new medium-term downtrend or just downward correction? It's hard to say, but this move down set the negative tone for weeks or months to come.

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S&P 500 index lost 3.8% on Thursday, as it retraced its whole move up from Tuesday's daily low. The broad stock market traded the lowest since November following breakdown below the level of 2,600. Is this over-week-long sell-off the beginning of a new medium-term downtrend or just downward correction? It's hard to say, but this move down sets the negative tone for weeks or months to come.

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S&P 500 index lost 0.5% on Wednesday, as it slightly extended its upward correction following recent move down. Stocks retraced their unprecedented month-long rally, as investors were selling stocks in panic. The index was losing almost 10% vs. its late January record high on Tuesday, just before bouncing off support level at 2,600. Is this sell-off the beginning of some new medium-term downtrend or just downward correction? It's hard to say, but this move down set the negative tone for weeks or months to come.

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S&P 500 index gained 1.7% on Tuesday, following its Monday's 4.1% move down. Stocks retraced their unprecedented month-long move up on Monday, as investors were selling stocks in panic. The broad stock market was loosing almost 10% vs. its late January record high yesterday, just before bouncing off support level at around 2,600. Is this sell-off the beginning of a new medium-term downtrend or just downward correction? It's hard to say, but this move down set the negative tone for weeks or months to come.

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S&P 500 index lost 4.1% on Friday, as it broke below its whole January rally. Stocks retraced their unprecedented month-long move up yesterday following no new important economic data or news releases. Investors continued taking profits off the table, and then they began panicking. Overall, the index is now trading 8.2% below its late January record high. Is this six-day-long sell-off the beginning of a new medium-term downtrend or is it just downward correction? It's hard to say, but this move down sets the negative tone for weeks or months to come.

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