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S&P500 Possible Top
S&P 500 Index
S&P500 Possible Top
By ForexVox
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Updated
Dec 12, 2019
6
Dec 10, 2019
Just outlining a possible set of zones for the S&P500 to pull back towards (Marked in Green)
FOMC
UK General Election + Brexit
December 15th China/US trade Tariffs
ECB - Christine Lagarde's 1st proper meeting
There are a few key risk events this week, so a pullback is more likely than not.
Overall - the US fiscal flows are positive and larger each year, so this is ultimately the main source of support during these global downturn times.
Dec 12, 2019
Note
New all-time high on the S&P500 after Trump tweeted regarding the tariffs.
Jan 2, 2020
Order cancelled
Goes to show that a weekly hanging man candlestick formation has nothing to do with fundamentals and therefore very little to do with trading.
Chart Patterns
Equity
Technical Indicators
possible
pullback
S&P 500 (SPX500)
SPDR S&P 500 ETF (SPY)
TOP
Trend Analysis
US
us500
ForexVox
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