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S&P with dotcom overlay - is the S&P heading for a 50% fall??
S&P 500 Index
Short
S&P with dotcom overlay - is the S&P heading for a 50% fall??
By nexttrack
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Sep 15, 2022
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Sep 15, 2022
The chart shows the current S&P price action with an analog overlay of the dotcom bear market.
Scenarios;
1/ Near term support at 3900
2/ Mid term support at 3600
3/ Longer term support at 3200
A break of all 3 of these support areas could possibly see a fall to 2345 or even covid19 lows.
Chart Patterns
S&P 500
S&P 500 (SPX500)
spx500short
Trend Analysis
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