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S&P 500 Index
Short
Updated

Post FOMC update - the Powell punch SPX QQQ USOIL GOLD Dollar

1 878
All in the video. Technically we were primed for a larger move down and I think we've started. Next obvious support is 4800, but I believe it will break and we'll get down to 4725ish within a week - that's also where the daily BB is. Everything looks bearish except the Dollar right now. Will update if things change.

Good luck!
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Good morning, a retrace to 4875 is probable, but then I think it continues down. With AAPL and Amazon earnings tonight, shorts have to be careful. The rsi is quite low on most time frames, so a bounce tomorrow may come. If IWM and DJT hold strength today, it may hint at a bounce tomorrow. snapshot
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potential bearflag shaping up, if so, the target is 4800 - a major support level. snapshot
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bear flag breakdown snapshot
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false breakdown so it's probably going to be bullish into close. However, if this is an ABC, tomorrow will be a gap down. SPY SPX snapshot
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snapshot
the_sunship
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Chart PatternsTechnical IndicatorsS&P 500 (SPX500)Wave Analysis

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Chart PatternsTechnical IndicatorsS&P 500 (SPX500)Wave Analysis
the_sunship
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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.