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S&P 500 Index
Short

SPX - bearish rejection?

By johndustinsloan
SPX showing further weakness after breaking down out of the rising bearish wedge pattern. We tried to push up and break the lower red resistance line and just couldn't do it (today at least). We could see another push up however currently I'm still bearish on the market as a whole. If sentiment/perception changes, we could see a pretty substantial correction/crash.

Chart PatternsTrend Analysis
johndustinsloan

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