S&P500 LINE IN THE SAND

By Pradagee
3735 was support for the previous rally until data release demolished it , then was re-tested on stop run for the most recent data release and was rejected followed by a massive drop , 61% retracement of the drop and straight back up. Now approaching 3735 again for a potential low-risk short set-up.

A break above , and holding a re-test would be cause for longs to go right on ahead.
Chart PatternsESTechnical IndicatorsMESS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

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