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S&P 500 Index
Short

S&P500 Index (SPY) Key Level Ahead! Your Plan: 📈

633
snapshot

S&P500 is approaching a key daily structure resistance.
To catch a bearish move from that watch a rising wedge pattern on 4H.

Your trigger to short will be a bearish breakout of its support (4H candle close below),
then the price will most likely drop at least to 4250 level.

Alternatively, a bullish breakout of the underlined yellow area will trigger a bullish continuation.

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S&P 500 E-Mini FuturesindexesMultiple Time Frame AnalysisNASDAQ 100 CFDnasdaqS&P 500S&P 500 (SPX500)Supply and DemandUS30Wedge

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S&P 500 E-Mini FuturesindexesMultiple Time Frame AnalysisNASDAQ 100 CFDnasdaqS&P 500S&P 500 (SPX500)Supply and DemandUS30Wedge
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:

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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.