PHOENIXFX4

WAR BY SPX BEARS

Short
SP:SPX   S&P 500 Index
My stance was obtained multiple timeframe analysis from the top to bottom approach. 1day, 4h4, 1hr bullish advances are almost exhausted and have fewer resources to proceed any further however even though the bears have been seiged for a long time they are ready to wipe out the bulls for a series of days or perhaps weeks. I will advise those to buy positions to look at the chart carefully to know when to exit.
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