altaf_sabina

S&P Support & Resistance

CURRENCYCOM:US500   S&P 500
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Support lines are lined up below, lets see how it behaves.
Comment: Right near the edge of the channel
Comment: So S&P moved from the edge of the channel to much higher levels, once 3243 was taken out on upside

Comments

Took support exactly at the edge of the channel (3227) levels and rallied hard. 3243 was taken out effortlessly on upside once it cleared it. There was no looking back.
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