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S&P 500 Index
Long
Updated

SP500: Technical Rebound.... is coming

971
From a technical point of view, the trend on intraday chart is bearish, but at the same time, after the completion of wave 5, I expect a very interesting technical rebound (wave 4 re-test).

Trade with care!
Like if my analysis is useful.
Cheers!
Note
the FED minute did not shake up the market. At the moment the Price Action has reacted well to support area around 4.110, but trend on intraday chart is still bearish. Having said that, at the moment I am only thinking about managing the position.
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Trade closed: target reached
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...consolidation?
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still bullish....
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TheAnonymousBanker
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elliottwaveprojectionElliott WaveelliotwaveanalysisIndicessp500analysissp500indexSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis

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elliottwaveprojectionElliott WaveelliotwaveanalysisIndicessp500analysissp500indexSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis
TheAnonymousBanker
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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.