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chartpattern
indicator
spx
spx500
spx500short
trendanalysis
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We have seen a movement similar to the two previous crosses, each of them reached the support around 3600, parallel to this pattern a downward compression triangle is forming, which can confirm a loss of support, the stochastic rsi marks oversold but the rsi is positioned downwards and the rsi is held by the bears, that is, a bearish pattern.
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