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Bear Pressure Remains (Key Levels to Watch - SPX, NDX)
S&P 500 Index
Bear Pressure Remains (Key Levels to Watch - SPX, NDX)
By ChrisPulver
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Sep 4
0
Sep 4
Tuesday - Bear Candle breaking support
Wednesday - weak re-test of the support (now becoming resistance)
Bearish pressure remains firm with key levels lower on the major indexes.
Near-term bearish until price proves otherwise. Taking stops, protecting profits and managing hedges.
JPY "unwinding" is also back on the radar. I'll be watching the JPY strength and Nikkei correlation. I still hold long FXY through 2026 (call options)
Thanks for watching!!!
BTCUSD
Chart Patterns
NASDAQ 100 CFD
QQQ
SPX (S&P 500 Index)
SPDR S&P 500 ETF (SPY)
Trend Analysis
Wave Analysis
XAUUSD
ChrisPulver
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