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S&P 500 Index
Short

My thoughts on the SPX

By Hawckshead
Updated
The 3 orange lines are fib retracements. The upper white trend is the long term trend line. We broke the first fib on the weekly candle close. I flipped and mirrored a fractal to see the possibility. Bear cases are China supply chain, high inflation and Russia Ukraine BUT always be ready to change bias.
Comment
And one more thing. The death cross on the monthly MACD.
S&P 500 E-Mini FuturesSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
Hawckshead

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