capri123

SPX - structure turning bad

capri123 Updated   
SP:SPX   S&P 500 Index
- a good rebounce at uptrend line so everyone jump in to buy as expected
- the damaged has done and the busted wedge structure in weekly still look very bearish for me, i expect a second leg down after
- should the lower high confirmed i think bear will eventually break the wedge and cash SPX will test 200DMA level
Trade closed: target reached:
200DMA level reached

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