$SPX Daily Candle Analysis 8/7

The SPX closed from the low of the day. Our candle analysis predicts that the SPX will close positive tomorrow. Today started off at the high of the day and quickly sold off leading to the sellers pushing the market lower. Towards the end of the day, it made a low of 1904 and closed at 1909. We predict that the SPX will clear 1910 and attempt a run at 1920 tomorrow.

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