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S&P 500 Index
Short

S&P500 Is Likely To Go Lower

By FetchTeam
The SPX made a false breakout. A false breakout means that the price attempted to break out of a pattern, or break support/resistance. The attempt is successful for a short amount of time, before the price goes back to where it was. This usually is a reversal signal.

For now i'm staying bearish, untill the price goes sideways or manages to break the resistance of the channel.
Chart Patternssp500analysissp500forecastsp500indexsp500shortSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortUS SPX 500spxanalysisTrend Analysis
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