SPX500 - Distribution Wyckoff
It seems that at this point, the SPX500 may fall to around 33600 levels. After that, the game will continue in the 
3800-
4100 range. A solid breakout above the 4100 levels could lead the price to ATH levels. However, after a long distribution consolidation, a drop below 33600 could mean a bear market in global markets. According to the patterns, this could occur around the turn of 2023 and 2024. Perhaps this will be a time of tension between the US and China.
3800-4100 range. A solid breakout above the 4100 levels could lead the price to ATH levels. However, after a long distribution consolidation, a drop below 33600 could mean a bear market in global markets. According to the patterns, this could occur around the turn of 2023 and 2024. Perhaps this will be a time of tension between the US and China.Disclaimer
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