Morgan Stanley sees $SPY getting steadier as the pullback loses steam 📈

Morgan Stanley shifted to cautious bullish, saying the market has largely absorbed the recent risk. Michael Wilson pointed out that the S&P 500 has rebounded about 7% from its low and is holding above a key support level, a setup that suggests the correction may be nearing exhaustion.

When institutions stop talking in terms of fresh downside and start talking about digestion, liquidity usually gets more selective. That’s often when whales let the market breathe, build quietly, and test whether buyers will keep defending the same zone.

Not financial advice. Manage your risk and protect your capital.

#SPY #S&P500 #StockMarket #Investing #WallStreet

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