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S&P 500 Index

Will SPX enter the yellow diagonal channel?

159
If the index enters this yellow zone, it will be another 10% drop.
The next support levels are found at the Fibonacci retracement.

The DMI histogram is in an important region at -15.
Looking back to 1974, the indicator has been in this region 12 times.
4 times it continued down, and 8 times it reversed up.
andre_007
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Also on:
DMIdmistochasticFibonacciFibonacci RetracementOscillatorsSPX (S&P 500 Index)S&P 500 (SPX500)Trend Lines

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DMIdmistochasticFibonacciFibonacci RetracementOscillatorsSPX (S&P 500 Index)S&P 500 (SPX500)Trend Lines
andre_007
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
Also on:

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.