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gj7rwt

SPX500 new sell zone

Short
S&P 500 Index (FX:SPX500)  
gj7rwt Updated   
FX:SPX500   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500)
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trendanalysis chartpattern indicator spx500
If we break above the yellow rectangle consolidation box then i see the 61.8pct (all time high to December low) retracement pulling prices higher like a magnet. The measure of the break from the consolidation puts that target somewhere around 2735-2740.
Trade active:
Sell zone highlighted back on the 28th January has proven to be accurate so far.
Question is, how low do we go now?
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