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SnP 500. Expected move down forming Head and Shoulder pattern
S&P 500 Index
Short
SnP 500. Expected move down forming Head and Shoulder pattern
By Madtradex
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Updated
Oct 7, 2020
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Oct 4, 2020
Yo traders,
Similar to NAS100 the SnP 500 has already formed the right shoulder and is moving down.
With the uncertainty in place with trumps situation we already have a catalyst in place for the move downward.
The next 48 hrs are going to be interesting.
Lets wait and watch.
Thanks
Madtradex
Oct 7, 2020
Note
While market did break above the Head and not forming the pattern. Price still moved down well. Hope you have profited from the sell off
Chart Patterns
Forex
forexanalysis
forexsignals
forextrading
Head and Shoulders
snp500
Trend Analysis
Madtradex
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