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S&P 500 Index
Short
Updated

S&P500 Index: Two Potential Scenarios For Next Week 📈

646
snapshot

Hey traders,

S&P500 index is weak and indecisive.
The market is stuck within a horizontal trading range.

Next week, wait for a breakout of a one of its boundaries.

Bearish breakout will trigger a further decline to 4335 level
while a bullish violation will trigger a bullish continuation to 4517.

Wait for a breakout & then follow the market.

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Note
Check my new idea on S&P500:
S&P500 Index (SPY) Important Breakout & Bearish Outlook 📈
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indexesParallel ChannelpricepriceactionpriceactionanalysisRectangleS&P 500 (SPX500)Support and Resistance

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indexesParallel ChannelpricepriceactionpriceactionanalysisRectangleS&P 500 (SPX500)Support and Resistance
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

Related publications

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.