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S&P 500 Index
Short

SPX short opportunity

By davidchengjiajun
S&P 500 experienced a slight rebound over the last two days and now comes to a critical level of resistance reassured by both a trend line and the Fibonacci 0.618. Buyers has been observed struggling to further pump up the price, which provides opportunities to short the etf once a confirmation signal (red candle) is observed. Happy trading!
S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
davidchengjiajun

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