The S&P 500 has printed a bearish rejection candle off a minor resistance level that could see some bearish follow through. Also looks like a head and shoulders pattern is forming. We can also see some upper tails in the last couple of days indicating rejection of that level.
Retracement entry at 2725
SL 2750
Target 1 2676
Target 2 2594
Retracement entry at 2725
SL 2750
Target 1 2676
Target 2 2594
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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.