chartpattern
fibonacci
indicator
oscillator
supportandresistance
trendanalysis
wedgepattern
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Might see the break of the wedge on S&P 500 tomorrow. It is glued to the trendline drawn. A consolidation is very healthy at this level and would give us a downside on 3-5 % on the first down move. I have scaled in on the short side the last few days. The risk reward is on our side and a short position would be in your favour. Lets see if this is a bear markets rally!?
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Follow the 50% fibincacci trendlines. Let is create a small formation before you take a position. It has gone quite a lot so be carefull.
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We have had a significant bounce on S&P index and I expect it to break down within 25.jan. Watch it closely. Keep it simple stupid.
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