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S&P 500 Index
Updated

S&P POSSBILE REVERSAL & Crash

209
We have a wedge here and there is a possible breakout however I see it more likely to fail and fall, if we go under 2520, go short.
Note
We saw a breakout of the wedge followed by resistance and support found on the trendline at the top of the wedge.
DerosneC
Chart PatternsTechnical Indicatorssp500indexsp500longsp500shortS&P 500 (SPX500)Trend Analysis

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Chart PatternsTechnical Indicatorssp500indexsp500longsp500shortS&P 500 (SPX500)Trend Analysis
DerosneC

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.