SPX INDEX

Updated
Since the market has tries to stabilise at the overbought level. Recent news flows makes the market to give away the gains for some bit. Hence the trace back will happen upto 15% from the current level. World market also will follow the suite.. But its a good chance to build the long term portfolio.
Trade closed: target reached
Already get past the target, Now some bit of relief rally is taking place..
Trend Analysis

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