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A_Samar
Jul 12, 2022 8:14 AM

S&P 500 Drifting lower Short

S&P Index Cash CFD (USD)Vantage

Description

S&P 500 appears to finish its pull back and is now set to resume lower. The Ideal target will be a new low to the recent swing. Additionally, the Fibonacci levels proportion to previous moves has been shown. The RSI is falling to take off the equilibrium zone in the pull back indicating weak to sideways bias.
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