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S&P 500 Index
Short

US SPX500 - Jaws of Death

643
Jaws of Death pattern playing out on the US markets. Liquidity pumped into the system has driven the index on a fa-nominal move to all time highs. Now with a sell pivot now in place on the weekly chart and a trade war raging, the short plays first target is to the point of Control at 1806. The secondary target will be somewhere between 1237 & 950 level, which is back where price was that end 2008 GFC end.
TRADER-RI
Time is the only true currency...how will you spend yours and what value will you receive?
Also on:
FibonacciSPX (S&P 500 Index)S&P 500 (SPX500)spx500forecastspx500sellspx500shortUS SPX 500spxanalysisSupply and DemandSupport and Resistance

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FibonacciSPX (S&P 500 Index)S&P 500 (SPX500)spx500forecastspx500sellspx500shortUS SPX 500spxanalysisSupply and DemandSupport and Resistance
TRADER-RI
Time is the only true currency...how will you spend yours and what value will you receive?
Also on:

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.