S&P 500 IndexShort
S&P bearish possibilities in coming months
Updated
Possible bearish move in coming months on monthly analysis using heikin ashi candlestick patterns
- 4000 first target
- 3400 second target and possible major support here
- 4000 first target
- 3400 second target and possible major support here
Note
seeing reversal to upside with bullish divergence on daily, we might need to hit a double top possibly around 4800 before downside break, also for this monthly candle still has time to close by 1st november, may see a doji in october and thereafter to finish with a few higher candles that may form a double top before downside.
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