Cheeky Fakeout

S&P broke out of downward channel bullishly but has failed on the retest of channel. Could reestablish itself in channel but movement lower looks likely.
Chart PatternsESfakeoutshortSPX (S&P 500 Index)S&P 500 (SPX500)US SPX 500SPDR S&P 500 ETF (SPY) Trend Analysis

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