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SP500 Technical Overview and Trade Opportunities

OANDA:SPX500USD   S&P 500 Index
Tools and Calculations used in this analysis:

- Fibonacci Retracement
- Harmonic Readings
- Spearman's Rank Correlation
- Murrey Math Calculations / Fibonacci Gann
- Chart Patterns
- Fractals

1. MM4/8 H1 MM6/8 H4 - Key Resistance and Reversals in different time frames.
2. Spearman's Rank Correlator - H1 TF 14 / 20 P above 0.90
3. Fractal Resistance

Technical Conclusion:

Buy the potential breakout of the MM 4/8 and fractal resistance.
Sell the closing below MM4/8

Targets are mentioned on the chart.

Good Luck


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