SPX: Weak Market & Bearish Forecast

By UnitedSignals
snapshot

Hey traders,

Here is our analysis on SPX.

The level where the price is trading right now is peculiar and the price will most likely retrace from that.

SPX reached a strong supply cluster.
Based on our stand point the price will drop to the underlined demand zone.

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Chart PatternsforecastfuturesshortSPX (S&P 500 Index)Trend AnalysisWave Analysis
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