Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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What's next for S&P
As we can see price is still overall bullish making clean higher highs and higher lows.
Meanwhile, as we mentioned in the previous analysis, price is approaching a strong zone, where we will be expecting a shift in momentum from bullish to bearish.
Moreover, for the bears to take over, we need a break below the marked major swing low, then a movement lower would be expected.
Then as the price will be approaching our lower support zone, we will be looking for new longs as well
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and as usual follow your trading plan and manage your risk.
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