KaisMarket

SPX500 RISING WEDGE

Short
FX:SPX500   S&P 500 Index
I have a bearish outlook on SPX500, the rising wedge pattern has been broken with the help of the main trend touch.3940 is a key level for price to break and will confirm more downside to come. Don't trade blindly and use a smaller time frame to get a better entry.

Target price 3500

Invalid if price pushes back above the rising wedge test or main trend

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