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savvyacademy

SPX likely on rangebound

Long
S&P 500 Index (OANDA:SPX500USD)  
savvyacademy  
OANDA:SPX500USD   S&P 500 Index
Rectangle US SPX 500
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rectangle spx500usd
SPX is likely on the rangebound with support around 4300 and resistance around 4500.
With the current levels, bullish setup maybe considered and to be cautious and change to bearish when near the top of the range.
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