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S&P 500 Index
Short

Markets set up for downside volatility

By xTako

  • SPX has been up only since crossing previous ATHs.
  • Q1 just closed and Q2 day 1 is closing below the closest weekly levels.
  • Don't fade an upcoming price expansion (or 2) in this month.
  • Immediate key downside support for SPX is the prev ATH, which is 9% under from here.


Invalidation -
  • SPX daily close at ATHs.

Supply and Demand
xTako
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