Hanging resistance stopping SPX short term
Hanging resistance at 4500 creating negative pressure on prices and has generated a non linear resistance line.
Topping out here at double price rejection on linear price point 4400. Looking to target double bottom on this gap fill 4271, if not fib extension to 4155 depending on technicals.
Topping out here at double price rejection on linear price point 4400. Looking to target double bottom on this gap fill 4271, if not fib extension to 4155 depending on technicals.
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