S&P 500 index continued its short-term downtrend yesterday, as it closed below 2,000 mark. Investors expect another sell-off today after Asian markets' rout. However, there are some technical oversold conditions, which may lead to an upward correction. Will this sell-off extend even further? Or is this the time to take short-term profits off the table?

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S&P 500 index remained slightly above the level of 2,000 on Tuesday, as stocks fluctuated after recent sell-off. However, expectations before the opening of today's trading session are very negative and the index may break below 2,000 mark. Will the short-term downtrend continue? Is holding short position still justified?

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S&P 500 index extended its short-term move down on Monday, as it got close to 2,000 mark again. Is this a new downtrend or just another quick pull-back within this volatile two-month long consolidation? The market is at support level - is holding short position justified?

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S&P 500 index extended its short-term downtrend on Thursday, as investors reacted to economic data releases. Expectations before the opening of today's trading session are very negative, following Asian stock markets sell-off. Is this a new downtrend or just another quick pull-back within medium-term consolidation along the level of 2,000?

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S&P 500 index retraced some of its recent move up yesterday. Is this a short-term uptrend reversal or just quick pull-back?

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