Possible retest of neckline
Updated
We can see S&P 500 formed a head and shoulders formation on the daily timeframe. After it broke down the neckline it formed a falling wedge which in most cases causes a bullish move. Thats why i expect a retest of the necklink that has been broken down. Could start building up a long position here.
Trade closed: target reached
I think this one turned out very well
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