ActiveAmmo

SPX500 back at important support area! watch for opportunities

OANDA:SPX500USD   S&P 500 Index
After forming the first real lower high, the market pulled back to this important support zone. This could be indicative of a bearish new trend if that support is broken or price springs back up to form another lower low. So bulls beware. Exercise caution when trading in the next several sessions until the stimulus bill is passed or rejected

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