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S&P 500 Index
Short
Jun 14, 2021
S&P500 Developing a Bearish Crab Pattern
7
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The S&P 500 index is currently developing a Bearish Crab pattern, which represents a classic reversal pattern.
Bears can sell at the peak of the pattern in anticipation of a correction to one of the three Fibonacci retracement levels.
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Also on:
Bearish Patterns
correction
Crab
Fibonacci
Fibonacci Retracement
reversal
SPX (S&P 500 Index)
S&P 500 (SPX500)
Support and Resistance
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