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S&P 500 Index
Short

S&P 500 in a bull trap

By Kyle_
SPX500 hitting overhead resistance at the 0.382 Fib retracement or 0.5 depending on which peak your draw from. Fib retracement has been a point of reliable resistance for bull traps in both 2001 and 2008.
bulltrapFibonacciSPX (S&P 500 Index)S&P 500 (SPX500)Trend Lines
Kyle_

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