SXP displays confluence to drop, go short

By papacan
based on my analysis on today's candle, sxp indicates a price drop based on 2 reasons. first, the there's a downward ABCD pattern. and second, today's candle is an engulfing bear candle. consider to sell short and take profit on the number i marked. i wish it could help your decision and i wish y'all good luck.
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