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S&P 500 Index
Short

SPX bouncing off Resistance

173
SPX Chart

  • Dotted Lines = Wyckoff Support and Resistance based of 1W TF
    Red Rectangle = 1H Bearish Order Block (supply zone)
    Bearish divergence with BB%B (have not checked other price oscillators)
    Traded into 71% retracement (popular, i don't know why)


Expecting a drop down to at least 2730.
AzorAhai06
Also on:
Chart PatternsTechnical IndicatorsorderblockretracementSPX (S&P 500 Index)Trend Analysiswyckoff

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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.
Chart PatternsTechnical IndicatorsorderblockretracementSPX (S&P 500 Index)Trend Analysiswyckoff
AzorAhai06
Also on:

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.